if i was a gambling man (which I am) i would bet that orbis is playing it cool until the 5th where they will pump the price as much as possible ex-divi as this is their baby and they have a vested interest in keeping the price in the high 30's to low 40's until the dust settles.....
So I doubt it will close down 15c on the 5th but it will be interesting to see if and how long it dips to such levels on tuesday morning before orbis come to the rescue again!....what to do????
I guess for the trader the question is, will sip dip below 33c on the 5th??? if yes then sell monday and buy back tuesday......flip a coin!
SIP Price at posting:
48.5¢ Sentiment: ST Buy Disclosure: Held
