IMO and my opinion only I think the SP copping a beating has a helluva lot to do with the overall general market being down..
ALL ORDS is less then 5300 now (was over 5600 last week if i recall correctly, massive correction) and a lot of people would've had plenty of profits locked in to LNG considering the run we have had.. are these people going to sell stock they are already at a loss/made f all with, or are they going to halve the outstanding profits they already have and take some off the table with a view to possibly free carry and look on with earnest? I know what route I would be taking, however I could be completely wrong
LNG Price at posting:
$3.93 Sentiment: Buy Disclosure: Held