The market does look like it sees something. 1.6M buyer side, 800k seller side. Classic after I take some sweet positions, smart silent investors get it.
Now there is a risk. The risk is external. Australian small caps are tiny in size, the volumes are ridiculously low. That's the real risk on Small caps here. Fundamentals don't matter if there is a liquidity crisis.
Very likely I'll get another round of bargains in the next 2 months.