price drop, page-33

re: price drop - expect volatility! To be fair I think the assertion was that when there is a price fall ahead of results then its likely to be a duster - not when the fall is ahead of the spud announcement like now. I agree with Christian that its likely to be the "buy the rumour/expectation sell the reality" crowd selling atm - taking profits and reducing risk. Still a bit sus when there's such a quick sell-down and recovery - smacks of an opportunistic spike to take out stops.

H