I could be wrong, IMO, it is in it's early stages of a rally or...

I could be wrong, IMO, it is in it's early stages of a rally or re-rate from a technical perspective and with this announcement, in tandem with some fundamental shift.
A weekly chart takes out the daily noise while preserving the essential information.
The actual trend break occurred on week commencing 12-Oct, i.e downtrend is broken and sp is drifting and yo-yo-ing in a higher price price range
93c was tested 3 times prior to a breakthrough today
The SP gap up today marks the start of the famed wave 3 - I hope, as these gaps doesn't close
It hit 1.19 (a significant but invisible fib 62 )resistance level before retracing
A close or gap up above 1.15 & 1.19 will be very bullish indeed.