Hi BM,
I am probably the last person to ask a question like that, seeing that I have been buying in smaller & smaller parcels all the way down to 19c - thinking each time that I have caught the falling knife!!
I guess there are too many factors (Copper price, mine production, China growth, management decisions, insto mood, corporate politics, takeover rumours etc etc) which individually or collectively can dramatically change the SP, so my reply is that the market is telling us something but I am not sure what....
The good part is that time will tell - maybe even in the next couple of weeks!
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