Likewise, holding here! The vagaries of a the daily SP is exciting to watch, but my goal is the longer term..
Remember, iM3NY is listing soon, and should it be valued closer to US$1b, our stake in it would be worth enough for the SP to rerate comfortably to between A$1.20 and A$1.50. This might explain all the buying the last couple of days, and the buying to come.
Yesterday was a powerful tree shake by the sophs and accumulators. The day STILL ended on a buy/sell imbalance favouring the buy side. Quite telling actually, so don't fall for it.
All the best longs!
[Master Thread] Charting, page-474
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