Running Commentary on the SP Movements., page-6742

Pleople sold shares for a reason & they would like to buy them back lower. This is normal. Even for believers. But I don’t really appreciate people posting different sentiment to their benefit. For example the DRC risk is always there, why some people don’t focus on it when SP moves up but down? As many postered have said in here the risk of DRC is probably exaggerated because of the involvement of Chinese should balance it out to some extent.

We mug punters keep focusing on the fundamental side of the story. Keep reminding us the value discrepancy chart that Panda posted. Until we start reaching the target line, north direction shouldn’t change much at all as the gap is simply too wide to ignore by any means.

It’s all short term turbulence & again I wouldn’t rely too much on TA. Couple of pips downward potential is not worth of potential big gain upon the arrival of the news. Worst case scenario, drilling will start soon, we shall re-start the re-rating journey again as many valuable posters mentioned such as freehold.

Good luck holders , hopefully we could have some low Vol days for consolidation @ current level. Daily large fluctuation is not too good for many holders’ health ! Lol