Most miners got smashed today. LYC copped a flogging even FMG and BHP were going south over 5% for a while.
Massive spikes like we've experienced over the past 2-3 weeks in the U sector were always going to have a pullback. Doesn't change the fundamentals though. I'm sure I'll be very satisfied with the recovery over the rest of the month and then, no doubt, there will be some more spikes and drops as we soldier onwards.
it may be tempting to trade these dips and surges, and if you are, i hope you do very well out of it. For me, I want to collect my CGT concession, easiest 25% you can make, and yes, I am confident of a profit.
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Most miners got smashed today. LYC copped a flogging even FMG...
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11 | 4928 | 13.990 |
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Price($) | Vol. | No. |
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