ouch... for the pip traders working on the 24/48 hour turnaround using the brokers money with deferred settlement. I expected the pip traders to exit early and be done and dusted by midday... but looks like a lot were caught out waiting for an afternoon push...hence the heavy selling after hours at discount prices.. Well done to the LTH’s who picked up a bargain or two. Pretty clear this wasn’t long term holders selling at these levels this afternoon...
Hopefully the Chaff is now out of the way for a clean start tomorrow and a few gaps from A$0.075 to A$0.082 appearing.... will they return and try and regain their losses?
Interesting trading tomorrow on what what was essentially a positive announcement today.
Good Luck All and Do Your Own Research.
4DS Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
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