Yep..traders in control...and the reason theyre in control is because australian institutions and fund managers never have the balls or initiative to get behind an exciting opportunity in its infancy...It's always foreigners who are net buyers and sellers of australian resource stocks
If history is anything to go buy, the Aussie instos will get involved around the 80c mark, just when everyone is starting to get out
no rerate on this announement, page-17
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