It’s almost 20.5c based on my calculation.
Either way, we should be the leading indicator & they always follow. Rarely the SP leads but first time with large Vol I ever see over there last night
We have more quality comments & posts over night (special thanks to @Freehold), coupled with ML’s skyrocket valuation (aka Chinese valuation), I do believe my previous target of 25-30c for this week is too conversative IMO, esepecsilly considering when China money is about to compete with local buyers for shares .
Hold on to your shares guys. Even trading becomes very dangerous thing in here. Not much space for selling high & buying low plus you never know when new money is about to rush in. I’m gonna hold on to my parcel (including the one I topped up yesterday) & enjoy the ride.
Good luck holders, I think we will break into 22c at least today. Maybe open @ 20.5 even
Running Commentary on the SP Movements., page-1386
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