Bell Potter Ratings, page-20

Interesting day to put it lightly. Second highest volume day ever with a 23% drop. Would like to believe the above thoughts about profit taking but the relentless selling makes you wonder. Hopefully there is an update at the agm concerning sales in October and November that can stop the bleeding. Because there really needs to be a fresh round of investors step in. It appeared to just get sold down all day. Was very rare to see any buying into the sell side what so ever. There unfortunately is no investor appetite even with their recent presentations and a 20% discount. It is into the oversold territory on a lot of indicators chart wise, the question will be whether it is a dead cat bounce or the previous up trend can be established. I think the benefit of the doubt has to be given to the company given previous goals the company has achieved and the up trend may be recovered if the agm can provide any certainty surrounding the future.