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ML173 OK you are guessing so I am happy now. :D My theory is...

  1. coopec
    2,669 Posts.
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    26/03/15
    15:35
    Post #: 14986295
    ML173

    OK you are guessing so I am happy now.

    My theory is that margin borrowers know that LVRs will be drastically reduced (or eliminated) so they are between a rock and a hard place and some are having to liquidate right now. Those shares will be absorbed and the SP will move back to previous levels by (say) the first week of April.

    Let's see how right I am! (But I'm like you "just guessing")
    Last edited by coopec: 26/03/15
    TAP Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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