If you look at how the market's performed over the past couple of months, this is where it needs to bounce quickly or runs the risk of further distribution and downside
- +60.3% Eroad (ERD) – Receives acquisition proposal
- +14.3% Stavely Minerals (SVY) – Drill plan update
- +12.3% Regional Express (REX) – Consolidation bounce
- +11.3% Fleetwood (FWD) – Agreement with Rio Tinto
- +5.0% Panoramic Resources (PAN)
- +4.4% Byron Energy (BYE) – Business update
- +2.1% Adriatic Metals (ADT)
- +1.8% Telix Pharma (TLX)
Tough day at the office.......
- -11.9% Johns Lyng (JLG) - Earnings downgrade
- -8.3% Gold Road Resources (GOR) – Production downgrade
- -8.1% DGL Group (DGL) – Continuation selloff
- -7.0% Hastings Tech (HAS)
- Gold sector move: Ramelius (-6.9%), West Gold (-3.6%), Perseus Mining (-3.5%), Northern Star (-3.2%), Newcrest (-1.3%)
- Tech sector move: Megaport (-7.6%), Technology One (-4.4%), Xero (-4.3%), Wisetech (-4.1%), Altium (-4.0%), Codan (-3.4%)
- Real Estate sector move: Lendlease (-3.8%), Vicinity (-3.4%), Dexus (-3.3%), Stockland (-3.1%), Scentre Group (-2.6%), Mirvac (-2.2
made pips on MQR
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- Day traders' after-market lounge June 22
Day traders' after-market lounge June 22, page-8
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Shanthar Pathmanathan, MD
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