The very fact that you're implying that Long Term Holders are here for Pomme (not yet in play for 3 months), is indicative that you're, if not a novice, definitely a Newbie. Once upon a time in the not too distant past, pre GFC, 2-5 years and counting was considered "Long Term".
For now., It does appear that Traders are out. I'm personally thinking 15-16c will hold, but if boredom sets in, then 12c could see a Touch & Go. Such is the attention span of the modern Players.
The ASX is the most regulated and fairest Market in the world. Try playing any of the others if you doubt that. No One was robbed yesterday. The Insto's didn't hold anyone over a barrell and force them to sell. Greed & Panic,.,.,.,.Panic & Greed. It's as simple as that!
MTM Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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