Looking at the SP movements shorters are definitely into it the past week as seen by the small trades pushing the sp down as well as somebody putting deceptive big volume trade below the market to give an impression of high demand that never eventuates..
However all the bad news is now priced in including the class actions....it seems when everything has gone wrong it does not take much for the sp to rise especially when IF is still going gang busters with demand....I have taken a position based on new management and support by some big players in a growth sector...time will tell but i think this can turn
bought BAL at $5.15 also hold s32 at $2.45 and a2m at $2.50
GLTAH
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