Actually the herd is already spooked. We have 34 mil shares ready to be bought back. So the next doesnt need to be the selling of 5 mil new shorts to get the herd scattering again, All we now need is more bad news to get the cycle going again.
And hence have you noticed how quiet the news front is while the shares in a TH. I'll bet London to a Brick as soon as the TH is lifted, we will get more "bad news" within moments of reopening.
Nothing in the AFR nothing in Motley Fool nothing in Proactive. All quiet on the Western Front IMO
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
