The question is now how do instos start to accumulate more after today's announcement?
1. Push the price down but with that comes significant risk that they will not be accumulating but selling off positions as any downward pressure imho will likely be snapped up.
Or
2. Run the share price hard and accumulate shares from those profit takers willing to lock in profits now but forgetting the much larger picture in play now.
The larger picture imho is the fact that management have released significant announcements with Apple TV, HotCopper, The Australian News Channel and GoFundraise in just the last week and this is just the start. Also that management have now stated that overseas operations are cash flow positive.
Many other potential significant announcements just around the corner as many posters here have suggested.
GLTAH
BIG Price at posting:
$2.78 Sentiment: Buy Disclosure: Held