It's no mystery.
What we are witnessing is the effect of a double edged sword. The global market is in de risk mode.
The underwealming numbers in the half yearly have caused the SP to correct back to more reasonable levels, as opposed to where the SP had previously been ranging.
That's why instead of a bounce, we get further decline.
This is why I was trying to get some feedback on possible valuations previously
General Discussion / Social Media, page-1927
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