Sell the news....same for nearly every news release on ASX.
OZL went up because all the opportunity funds were doing the arbitrage tango. All they were chasing was the half cent pips. That's why people keep seeing the 1 and 2 share trades. They are exploratory to see if there is anything in the darkpool at the mid point. Coincidentally copper hit $3.30 during the period as well.
The dark forces were not on market IMO.
See other post if u want my thinking.
AVB Price at posting:
16.8¢ Sentiment: Sell Disclosure: Not Held
