I did much the same but only with a third of my holding and half a cent short either side of your well timed play.
I advocate taking a profit where you can as a trader. My worry is not being able to get back in before she bolts. Managed it this time and i still dont believe the drop was justified but like you said, they are a bit predictable.
Buy the dips, just buy a bit lower than what is justified ;-)
Ann: Senex announces sale of Cooper Basin business, page-106
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