g'day bizzo,
one possible reason is the seller that was dumping 1mil parcels for the past week. the buyers let them drop the price and then traded at lower levels. why pay top dollar when you have a seller like that?
but yes, i also acknowledge the point you are making, buyers are in no rush to clamber into this one, the only thing that will change that mate is good news flow.
but for now the bleeding has stemmed, i wont say stopped, but its stemmed.
cheers
Davo
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