I think todays selling pressure comes from those who want to fund their SPP. Market up 119 points bly flat. 98% of instos might have committed themselves but it doesnt mean they wont sell their current holding. But i think the selling pressure would drop as we get closer to 27 cents since theres no point in selling below or at 27 cents to fund the 27 cent SPP.
Add to My Watchlist
What is My Watchlist?