The ann was quite late and the market hasn't had much time to...

The ann was quite late and the market hasn't had much time to react yet. Tomorrow should tell the story a lot better. Guess this ann was as expected, now waiting for JV partner and could drift for a little while. Buy the rumour, sell the fact. Lightened my holdings a bit, but still holding strong for next target. Didn't quite touch my first one, but close enough and maybe I was just too impatient. Happy to sacrifice some profits for safety in current market conditions. The massive rally in crude oil must also give support to the sp. Unlikely that crude would rally like this if markets were about to get a major hammering.