Seems this little bear market rally has ran out out puff and is now unwinding. I think the ASX will correct over coming weeks. For MNB that probably means we'll retrace a little tomorrow and maybe see a final capitulation of the last remaining soph holdouts. I still think we'll rally into eom, but the possibility of a further delay to the DFS and weakening macro sentiment may result in lower price than otherwise (15c by last week of Sep? Just a guess)
Ann: Response to ASX Appendix 3Y Query, page-34
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