So todays sell down was nothing more than panic selling/stop losses then breaking trendlines lol.
People have got the wrong info as no coalition govt has been formed yet and will take a few weeks, we dont even know their current or the parliaments decision until later in the year on uranium mining anyway but the last vote was a strong majority for it.
We are exactly where we were yesterday , everyone knew what the possible outcome of the election was anyway but we are 20% cheaper.
As shown earlier the sell down was small parcels ie daytraders, with 82% of the stock held by the top 20 and most of that escrowed the big boys cant sell anyway even if they wanted to.
Onwards and upwards, must say the sell side looks pretty thin now, would expect a few punters to come on board tomorrow morning and we gap up.
Ahh what a day will grab another 50k tomorrow
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