Simply put - the market has been fed information the SP should be 20c and reacted accordingly. I did suspect that a sell off would occur on open and I don't think it's the new insto IMO. Another way of looking at it is that 6 months or so ago we were trading at 3c, and now instos are buying in at 20c.
Markets go up and down - nothing to worry about unless you are trading this.
For LTHs, a good opportunity to top up once things settle down.
PCK Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
