We are seeing end of financial year tax selling imo...

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.