Hi Taman, yep they will use the herd mentality to their favour until results are in. Many were expecting an update, rightly or wrongly, by today so they’re just throwing their weight around knowing they can shake out a heap more nervous nellies, exactly how they did last week. Add in that today is T+2 from fridays gamblers buying for a Monday/Tuesday announcement and it’s easy pickings, the low hanging fruit is literally jumping into the basket. The fundamentals haven’t changed.
MAY Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
