Ann: Business update, page-62

I would argue this is happening on almost all shares at the moment for the simple reason that mortgages are higher, the price of food and petrol is higher and that most people simply don't have the money to throw on speculation stocks. Not even factoring in the less than optimistic global economy ATM. The only stocks holding value are divies to a point and few companies that are in huge rallies. Everything else is sliding down.

from what this share is doing, looks like the traders are just trying to find the new bottom since we broke the last ones.

id say the majority of stocks that are sliding are a result of cash poor people pulling out funds during a high inflationary environment. Cash rich on the other hand are loving it.