I have done some analysis of the SP movements in the week before and after the announcements I summarised above.
In every case but one the movement in the week after the announcement was in the same direction as the week before the announcement. The only exception was the week prior to the 2017 AGM where blind optimisim must have out weighed the money in the know.
The SP seems to be taking a sharp dip in the lead up to the annual report due next Wednesday. Bad or no news coming?
My prediction is not much in the annual report except maybe when next chips are due. Then we sweat it out again until the AGM on 31 May.
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