FAR 3.23% 48.0¢ far limited

Its a bloodbath

  1. 6,094 Posts.
    lightbulb Created with Sketch. 93
    Maybe we are holding up reasonably well all things considered.
    We have a great announcement right as the markets get hit by a huge panic driven sell off.
    Look at the headlines.
    Pretty brutal stuff.
    Timing was unlucky.
    The announcement was brilliant.
    This may be our 'Baptism of fire' moment that we will be able to look back on in time and say yeah we were there?


    http://www.theage.com.au/business/m...s-reeling-amid-2016-rout-20160106-gm0s28.html

    "It's really been a bloodbath," Galliker said from Lucerne, Switzerland.

    The storm of selling that greeted equity investors returning from their holiday break saw a US volatility measure post its biggest first-day jump in history.

    "Clients have been panicking, calling us to try to make sense of it all," said Garnry, head of equity strategy at Saxo Bank in Hellerup, Denmark.
 
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