There have been massive capital gains made this financial year in many companies so investors will be looking to write some of those gains off against losses. CAY might be just one of those companies that gets written off so the next week won't show any improvement in SP IMO. Once the new financial year kicks in, and with all the news that is due to come our way, the rerate will occur rather quickly, again, IMO.
CAY Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
