Heavy rain in Broome forecast for today and tomorrow with winds moderating to nearly calm tomorrow.
Checked satellite and synoptic weather maps up to 4.30pm today and no sign of intense low pressure or excessive cloud cover off shore....the BOM radar map has heavy cloud cover up until only 6.30 am this morning.
I can only surmise that drop in sp was due to stop losses cutting in or bad news from the drill rig, although volume was only low.
Let's hope it was the nervous nellies eh?
Good luck to all holders....
MEO Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held