The 50k capper continues to sit in that 23 / 23.5 slot. This sustained presence has stopped on every news day to date, hence inevitable spikes on most announcements. The true test will be once news is released and he decides to adjust his level accordingly, or better yet ceases. I agree with glossy however that it is great to see a nice sponge sitting at 22.5. Looking forward to the next couple of weeks and hopefully a fruitful trip to Sydney tomorrow.
Cheers,
R
SP1 Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
