Ann: Distribution Arrangements in California and F25 Outlook, page-24

Unsurprisingly, after a day of slightly up we're back down again. Both being somewhat ASX wide movements.

In my opinion thing will improve later in the year, especially after this month:

• Upticks present holders with a break-even or slightly less expensive loss as they look to capitalize on tax time. This removes punters whom are heavily fatigued.
• I expect more large holders to exit before EOM to do as above, and they are the cause of shorting.
• With a little bit of calm after EOFY TWE can start releasing news that results in positive growth that has resistance strength.