A lot of it would be eofy selling, surely....
Betting on no sp changing news between now and June 30th.
Which is probably a fairly safe bet.
Not one that I would take though.
There would be holders with loses they could take advantage of and if all went their way buy back on July 1st. Maybe the tax benefit would outweigh a possible small increase in sp.
Obviously they could get caught if news comes in from WA.
Looking forward to news from Sugarloaf as I believe the facts as we know them are weighted toward a good result to the extent that I am topping up at these prices before they start moving after end June, unless Mt Clere news that we are hoping for comes in before then.
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