Mojo - I also tend to think down tomorrow - it failed to break the most recent highs at $1.92 and $1.93 and I expect there was some panic short covering and fear of missing out from the bottom fisherman who have been sitting on the sidelines.
A close below $1.63 tomorrow wouldn't be flash where a close above $1.94 would be super bullish and would most likely signal the bottom in an the start of a new uptrend.
The problem is even if all the selling today was M & G they still have 16m left !
hOOt
CDU Price at posting:
$1.68 Sentiment: None Disclosure: Not Held