Well balanced Choseright. I’m striking a similar tone atm. doubt very much the QLD are showing their hand without some reasonable support behind the scenes.
The current SP is a concern and so was the timing of the cap raise. I don’t suppose anything is firmed up yet and the deadline is looking shaky.
Medium term prospects still appear to be reasonable given the speed at which the raise occurred. The optimist in me says the recent SP dip is nothing more than the SP tending towards the raise price as is almost always the case. The next couple of days will be interesting.
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Well balanced Choseright. I’m striking a similar tone atm. doubt...
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