Take a look at the chart from July 2018 and compare it to July 2019. Note the sell down in late June each year for EOFY tax selling then the gradual rerate as the share price moved back up on expectation of an announcement being released. Only difference this time is we may see several high value announcements flow through in a matter of weeks. The share price is rerating.
Take a look at the chart from July 2018 and compare it to July...
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