It looked like many small holders got spooked today.
They were everywhere this morning & many stayed at $5.36.
JBM stayed at $5.11 today for about 20 seconds.
$5.20 held pretty well.
I think many JBM holders will only realise tommorow that Nickel rose on the LME Friday by over 3% & 6 month highs in $AUD.
Short term sentiment everywhere is being tested.
Many are sitting cash waiting to buy back into the market.
JBM has $130mill cash & no debt.
cheers.
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