hey SFP, I expect 25.5 would be the bottom and for it to hold and I expect it to bounce from here . I would be surprised if it doesn’t hold very surprised . Is it EOFY selling ? I don’t think so . I cannot see the drop in SP as an option conversion issue although it may be . Why would anyone crystallise a profit this side of the EOFY to exercise options that expire in September ? Makes no sense to me .
Those that sell will need to buy back at higher prices or miss out if they expect to get back in . I would not take that risk given the news to come . Each to their own . I see the pullback as a buying opportunity and a top up opportunity . That is my view as always and others may see it differently . I am going to ride this puppy to a multi bagger and I can see how it will get there . Patience required !! IMO
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