It happens every year.Last year it went from $26 to $19.This...

It happens every year.
Last year it went from $26 to $19.

This year it went from $27 to under $22 in the month leading into June 30.
Go back far enough and the range was $20 to $13

Each year it ranges up by a few dollars and can't go any lower.

Come reporting season the stock flies until the dividend recording season kicks in
then it drops by the amount of the dividends and a bit more before the steady rise up
to $26 or so then the cycle starts off again leading into the next dividend cycle
then after that we go past $30 and this happens again.

The only year I can recall it didn't happen was when the IO price was above $200US/T.

IO price has bottomed out so sooner or later it will rise to $120US/T again.
They say buy in fear and sell in greed and this is what these big boys do all the time.

If the little people get together to do what they do we get caught before the courts for
manipulation of the markets.

Its all geared for the big players.

Can't see why we small fries can't set up our own buy and sell to get them to lose billions.
There was one that tried it on youtube and a movie made about it and he got into trouble as the big
boys did not like losing billions to a novice.

We have ASIC but they seem to play by the big boys rules.