opes demise exposes regulators, page-14

We are at the bottom...

Passed it in fact!

Past practices...the very ones pushing our market over the edge, which have seen our market perform worse than most others (in spite of our commodity focus)...are more or less about to end.

I suspect secretely accross the baords, borrowed stock from left right and centre is being reclaimed...unofficialy of course...which of course can happen on the back of the wide scale liquidation of the Opes Prime portfolio and indeed wider stop-loss triggers that were set off last month.

I sense capitulation from many posters...even the market makers are lost for words...and now the horse has bolted and the regulator happy to close the gate, the scene has been set in terms of market flushing event.

A recovery is on the cards...hard to say how far, because much of the recent carnage comes with contagion that will restirct a return to previous glory, but a recovery none the less.

Super was trensfered to 100% shares on March 14th after being in cash since about December...happy about that.

Cheers!