Ann: Becoming a substantial holder, page-4

Is this not a positive ? - another indication that RED is an institutional grade stock, and these positions are 'sticky' (i.e. slow to unwind) ?
Obviously the sentiment in the general market / economy is the major determinative for any company, as well as the POG.
The A$POG has peaked for now - it remains to be seen how much it retraces - the fibonacci retracement levels provide good support levels - a bounce of the 23.6 level is very bullish, of the 0.5 level equivocal (less bullish), and then the 61.8 level becomes crucial - if that give way, then its bearish short term, maybe longer.
Let's hope the quarterly from RED (and SLR) are impressive - if so, then both stocks SP will firm - it seems the market thinks the merger is likely to proceed (?)