Most sell positions are not genuine. They will disappear when we start moving. We are also experiencing a lack of buying interest as the rest of the market rallies however our SP holds up because there are no weak hands left. Volumes are small - no one is buying and no one is selling. Trader interest is then gone with no volatility. Quite boring.
We will need some catalyst for serious investment but I think once we pass 50c we will never be back here so great is the consolidation.
DFS is the obvious one. I think if reporting season starts to take it's toll after this puffed-up cheap-money/yield-hunt driven blue-chips rally we might start to see some more 'adventurous' big money looking for some real value.
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