Expect tax loss selling

Looking at the relative performance of Vocus versus the broader index over the FY 2018 financial year, shareholders should expect to see some decent tax loss selling into the end of June financial year. Reason being that the broader index has generally performed well (so plenty of gains in portfolios), while Vocus has generated some material losses for a lot of people. Personally I think June could mark the medium/longer term low in the share price. This technical selling should clear in the coming weeks and momentum around the story continues to recover.