This is a share that many have bought on advice from others. For the less well informed it would be easy to get spooked and sell a bunch of shares. As it is a WA co. there may well be a big proportion of WA shareholders. I think it has been a factor.
I note that my shares in specs have pretty much been routed across the board today so this is pretty much in keeping with a very bearish mood on specs. On a brighter note my blue chip and semi-blues have risen.
Nervous market!
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