I do like arguments from both camps but for me this one doesn't really stack up for the following reasons:
disagree that its been in a downward trajectory for the last 3 years, that comment is a little misleading.
had a downward channel up until 12 months ago then been range trading between 30-40 since then. with most volume being down here. (call it base forming or what you like) tried its absolute hardest to get below 30 but always springing back up.
this article was released before last webinar so I think its also missing a few key points,
mentions of capital raisings are valid if looking at the downward channel and the sentiment that caused it but we've been promised no more. without a good reason to mistrust wayne I see that promise as solid until proven otherwise.
cheers.
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