Speaking of sentiment and selling...
March 9th the SP hit $1 for the last time- intraday. Volume was less than 1m.
10 to 21 March inclusive- 8 trading days- volume over 1m each day. This includes Old Mates 'sell' sentiment event. It also included the 20 March ex-div date and that day was the highest volume 2.7m. That day was also the lowest SP- 81c.
22 March to yesterday inclusive- 13 trading days- only one day above 1m volume. The SP has recovered somewhat.
The SP is doing better ex-dividend than prior and volumes are far lower. I conclude that those expressing a sell conviction have done so.
And dividends in my account today- life is good. Franking credits later as a dessert.
IMHO DYOR
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