Not many company's i've seen in recent times haven't drifted down to their latest CR price. In fact its just expected these days, so yes i agree the self fulfilling prophecy is likely in this case and that 8.6 will be reached and its there i'm hopeful of support.
In terms of hope i was hoping for some TI results to stop this playing out but it hasn't eventuated.
I recall this type of sell down (but no CR was lingering so different circumstances) after the last quarterly before it went on its steller re-rating. Will we see this again? Perhaps not as no real change is expected for this next quarter but for the second half of the year i do expect some months of only top grade dirt to go through.
Things still look great for the years to come.
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