it looks like the market has formed a short term bottom actually.
around the 5250 mark. lets see if it holds. not sure it impacts medibank. most people are shifting away from resources and banking towards safer sectors imo
also all my points above re indexation and cornerstoning i.e. "tight" stock due to est. 500,000 general public applicants getting stock.
v safe bet, it gets my money as its much surer, over small cap ipos like "IPH limited".
it looks like the market has formed a short term bottom...
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