Long term uptrend is still just intact, but yes while the market has risen 10% FDC has fallen 20% to a 52 week low. Some major institutional selling for the past couple of months and continued today. Each day the stock opens high and closes on its low with (fake?) support bids just below the market encouraging buyers in during the day, but still it closes low.
Distribution yield of 7% is way over double what you would get with a term deposit.
The selling doesn't make much sense but what does with our market?
Long term uptrend is still just intact, but yes while the market...
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