Let me see it drop back down to 16c. Breaking down 19.5c indicates a 80% chance that the SP will continue to drop!!! Given that the quarterly report is a month away, just planning out a strategy for the future trading. It could see the announcement well be another trigger of the price drop, regardless of the nature of the news, but given the current market confidence and reaction to all the positive announcement, the possibility cannot be ruled out.
ISX Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held