Good morning all,
ICG - Expect some more swings today. Looking for an expected?? technical bounce, however with this company who knows. Lots of hostility yesterday and 'told you so'. ICG didn't seem to have any friends yesterday but that can be quickly turned around with a bounce.
NRT - After markets US is $6.8551 on reasonable volume which is equivalent to roughly $0.268 in Aus, so expect this one to be weak on open. At the moment Australia is waiting for the US to lead and the US is waiting for Australia to lead. While the waiting is happening, everyone is getting cold feet and there is no dancing.
RXL - I could hear someone singing with this one. Might be heading down to the mid 6s where it has heaps of support waiting for the next announcement.
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