"....Stock Market is devoid of logic these days....."
Quite so. In the olden days, a good news announcement = SP up.
These days?
Bad news = SP hammered (severe pain)
No news = SP gradually beaten down (moderate pain)
Mediocre news = SP sideways (some pain)
Good news = SP down or sideways (a dull, aching pain)
However, I'm an optimist and think its going up after this one - I feel it in my water.
If it doesn't, I will don my hair shirt and publicly flagellate myself at the company's registered office.
Of course, it could be that this good news is already factored into the SP.
NCZ Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held