BRB 0.00% 47.5¢ breaker resources nl

Calm down everyone, the sell-down yesterday was probably driven...

  1. 113 Posts.
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    Calm down everyone, the sell-down yesterday was probably driven by people/funds selling to pursue more short-term opportunities delivering potential uplifts before EOFY.

    The expectation was that there would be a resource update in April/May, which meant many were betting against the outcome. That date has shifted to Q1 FY20, so those hoping to profit from that have put their cash elsewhere. They might buy back in post July 1.

    That's what I think anyways...
 
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