Another thing to think about is the all ords high of 5691 on 1st Aug from a great run since 11th Feb. A steep pullback with Brexit then a strong run upward again. We are seeing it (ords) come off the boil, so technically majority of shares retreating at this moment. In Q1 and Q2 there was much excitement in the new EV market and lithium possibilities. The GXY GMM merger quenched the momentum. The momentum has waned recently with money coming out of the market.
GXY Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
