Always expect a cool-off after a stupidly crazy rise. That 55%...

Always expect a cool-off after a stupidly crazy rise. That 55% in one day was a Crypto'esque gain. Nothing goes up that much in a day without some profit taking.

A few big boys own the shares (Citi and a WA investment firm) who tend to swing trade, buying in and out and making a fortune from retail investors like us. I've seen some dodgy sells and buys, set up to make the price look like it has jumped enormously (when in fact they've sold literally 100 shares, less than we could even sell as retail peeps). Just hold on and wait, don't panic sell.

I watched people panic out of CXO, PLS and a whole heap of other companies early days in the cents when they cooled off. It's as Buffet said - the stock market is a tool for transferring money from the impatient to the patient. Cliché stock market quote, but on point.