A problem is that investment inflow hasnt kept up with the investment outflow from the funds that have been bucketing them out across the sector. End result, you get too few that support the stock and you get days like today where already very cheap, becomes ridiculously cheap on what I thought should have been quite a mute response to the news.
They did themselves no favors with timing of the news too.
Some nice money to be made by funds that dont dismiss stocks for 'ethical' reasons. Surely the ATS guys can find new inflows.
ATS Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
