AW1 are in the Cu thematic and if there's a global correction Cu...

AW1 are in the Cu thematic and if there's a global correction Cu won't be spared, if there's a further tightening in global liquidity, same deal. the bunch of grapes that is Evergrande, who knows how much money will be taken out of the system, how long does it take to unwind the derivatives attached to the RE market if in fact it can be done? A fair whack of Chinese money might not be coming Australia's way, not just because of Evergrande, but mainly that their stockmarket is taking one hell of a beating, and their economy isn't in great shape.

AW1 might need to raise and that's okay but will the market appreciate it? If there's market makers who believe there's a raise in the wind then there's an opportunity for instos to get in at a low price as per the normal process... big discounts!

Interesting times but this is anything but a normal market.

Small caps get belted.