Sticky index hugging insto types will go a long way to soaking up much of the loose stock that has found its way to the market in recent times. This in turn should ease potential resistance upon good newsflow going forward.
I was happy to wait till september for index inclusion however it is probably timely that it occurs now given the soft market environment.
It doesnt happen often but things just keep falling into place for CPL.
Great volume so far this morning, to reverse the ST trend its a case of more vol the better.
All IMHO only
Good luck to holders.
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