It's been a busy day on Hot Copper and the mercurial opinions interesting and amusing.
The thing that I find strange is the quick succession of T/O bids by 2 separate companies in the space of a month and only a week or 2 after the 1st 100Gb sale?
It' either coincidence or very strategic.
The SP fluctuations I believe are based on the lemming approach. One jumps and the others follow. This is very reflective of the share market and most that buy and sell. A few are knowledgeable and the rest move on inertia.
I feel Senetas are more pivotal in this T/O then we may imagine. Time and patience will tell.
SEN Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
