Well it’s certainly tough going at the moment isn’t it.Id hate...

Well it’s certainly tough going at the moment isn’t it.

Id hate to be a trader who thought this was an easy 10% every few days as it was for a while.

Were will the rot in SP stop? Imagine those poor sophisticated investors who got in at the last CR in the 7’s!!!

I try to keep things simple as IMO the easiest explanations are normally the best one so for me watching this slide it’s either:

1. Impatient investors selling out as they dont believe the story anymore.

2. The ASX cesspit of deception in full bloom and is retail longs will be left with egg on out face as the whole thing doesn’t stack up and that’s why the BFS and ML application hasn’t been finalised…or

3. There is an actual delay in the BFS / ML as it’s not finished it could be due to lessons learnt from the SS debacle it could be the numbers aren’t ready and it could come out in Q1 23 and be fine…

or 4…