Fair points, however this year is a bit different to the last few years.
Apart from a very brief low point end of June 2021, we haven't been a low as the present price since the end of 2020.
Basically everyone who has bought since then is under water on that purchase.
For sure EOFY 2022 & 2023 there were many under water, but not to the same extent as present where almost every single purchase since the start of 2021 is under water. IMO many were caught out by the sudden drop after the CR, hoping some news will give them some relief & delaying tax loss selling.
I would be very surprised if we get any offtake news before July 1, but hope to be proven wrong
