Chinese delayed the release of 1st qtr GDP figures. to 5pm Sydney time, 5 hours delay. It has scared the shxxload lot of market. People speculating the figure is above 11%, and an immediate interest rise is on the card.
This could be the reason for market drop today. BHP, RIO have dropped a lot, but strange enough, all metals are holding well.
I am glad to see MTN is on the way to recover. I guess as the ALP's conference is only a week or so away, MTN's SP will experience some volatility.
As MTN is an advanced explorer, the stake is too high, along with PNN, AGS, and CUY.
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interesting read, page-25
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