"There is not any rational explation for a fall like this intraday!"
MML being given a bit of a kick for a weak quarterly report - see Rowingboat's recent post.
It is being repriced for an expected gold price of around AUD1150-1200/ounce.
It is also likely that a larger seller is needing to sell, so out it goes at seemingly absurd prices.
Does one buy it for a rebound and a quick gain or should one stay away is the question on traders' minds?
loki
"There is not any rational explation for a fall like this...
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