can't disagreee... markets are terribly emotional beasts and given (a) the very small size of our market and (b) the ease with which a small number of huge players can dominate our market...it's not difficult even for our small minded journalsist to have an impact.
for my take there are way too many ASX listed coys with net cash balances greater than market cap to attribute valuations to anything other than emotions...what is really tragic is that ASX diligently stands by and does nothing...
oh I wish I had the resources to build another competing market...
o well.. will just have to enjoy my current short position..
monday malaise, page-17
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