Im not the resident expert here but it fell to 1.02 after...

Im not the resident expert here but it fell to 1.02 after touching 1.39. It later settled at around 1.20 comfortabley right. More positive info has since been released to the market hence supposedly increasing its 'theoretical' valuation. Most knew this news was coming hence the ride up esp the buying by one broker in particular - they essentially 'control' the day to day movements of MAD. So there are supposed to be at least 2-4 pieces of positive news pieces arriving pre 30 June 2012. So for what reason should it fall much more?? Mainly people who cant stomach the loss, profit takers from l;ower levels or general world market turmoil which is every day IMO. Revisit it in a year