The JORC release date was well publicised, repeated reconfirmed...

The JORC release date was well publicised, repeated reconfirmed through multiple announcements. As such most traders bought the rumour and hence the rise from 10c - 14c, lots would of sold on the last 15c spike and now on official announcement.
This sell the news behaviour was expected by many and mentioned on these forums and twitter as well.
Any good trader or insto (that can now potentially have the green light to buy in) would wait for this profit taking to occur before buying in and hopefully we’ll see the real move (however big or small it may be) this afternoon or over the next few days.
Personally I feel/hope enough churn of volume occurred in the 14c zone over the last few days that it will form a bottom and we see a test of 16c resistance zone in the next few days if not later today.

Just my opinion, dyor