We are seeing end of financial year tax selling imo unfortunately - it is just the that time of the year i guess.
Another 2 weeks of tax adjustments trading potentially until we hit July and see clearer skies.
IOU is quite unique with its run up practically starting July 2020 , culminating to a big drop after March 2021 - all happening within the same financial year.
So we have 2 groups of investors here some with big gains and big losses - both groups would utilise IOU for tax selling purposes IMO
Just the nature of the beast i guess.
$1 Club, page-22522
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