This move down concerns me as I'm more worried about a leaky ship given we're due some news at any moment on multiple projects, including rare earths.
The recent move up makes more sense due to FOMO after some great announcements, but today's 20% decline is a concern as the sellers are lining up and they did so during pre-market open despite the US being positive overnight and the ASX being firmly green today.
Fingers crossed we're not due a bad announcement, but that's my concern based on today's movement.
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