Again I can’t see this announcement being positive going forward. The biggest problem are the shorts and they got the money to control the SP with an iron fist. Add to that the poor sentiment in the sector and later this week in the US is earnings season for banks and they are the ones making a fortune while the market goes down and the more they can push it down the bigger their profits will be when it turns and all loaded up. Likely even to manipulate their reports as well this week to keep the trend going the same way. Nothing else you can call them but thieves but they will tell all its their job to make profits the best way they can for super funds to prosper. BMX auction for PLS tomorrow I think? so the outcome of this will be interesting.
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