Anybody got any comments on the immediate future of the SP.
Closing date for SPP is 20th. Clearly the SP has been ramped up from the period leading up to Capital Raising till now. Volumes are way up but our "friend" the bot is well and truly back.
All sorts of announcements and media appearances leading the hype, SP bouncing around intra-day, so I suspect a largish retreat next week unless something solid is announced, like a positive report from Maruja (must be due now) or confirmation on Brazil listing (currently due after SPP closure).
Thoughts?
the immediate future
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$1.37 |
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