What is my opinion on why this has happened and why the slumping may accelerate from here? - Because the fizz has gone out of the most recent announcement, the AGM has passed with little hoorah, the directors has sneaked themselves more freebies for doing notihng special and its all flat from here until maybe June next year...it's gone dusk. I can't see anything coming good in a hurry.
And s far as the opening post on this thread goes - one must consider the money flow inde and whether or not the trade was favouring sellers (bad money out) or buyers (good money in). And it was indeed the former.
L
MAE Price at posting:
2.9¢ Sentiment: Sell Disclosure: Not Held
