" Do we think it is just the tree shaking of weak holders ? "
It sure is, just look at how they have come out of the woodwork over the last month when opportunities arose to quit their positions with a little bit of dignity. So long as the register has them on board they will succumb to the buyers tactics. Which I think will persist. These it would seem, most punters have trouble understanding. Rather, many seem to think this is a flash in the pan buying spree, when clearly it is not.
Fundamental to this is the real worth of the companys assets. - Yet another problem for punters, who seem to think a share price in isolation is the best way to go.
I think before the year is out there's going to be some pretty sore heads - Plenty of 'if only' recriminations
CQT Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
