Many sufferers of Pavlovian Conditioning in AVZ.......
"Pavlovian conditioning refers to the behavioral and physiological changes brought about by experiencing a predictive relationship between a neutral stimulus and a consequent biologically significant event (Pavlov, 1927)."
Meaning they are conditioned to expect an unhappy outcome anytime another box is ticked and the project moves further to development.......traders selling the news.
The Bot Masters and Cappers have them exactly where they want them....feeling vulnerable, afraid and scared of losing capital and therefore easily feared into selling based on the low volume algo manipulation.
Those experienced enough to understand this phenomenon will also understand that value is not always reflected in the SP.......short term traders will say otherwise......but they hold no regard for value......only for the pips on the day.
That's how rerates happen suddenly and sharply.......when the information has been hiding in plain sight for a period of time.......but needs to spelt out in capital letters and spoon fed to many in a confirmatory announcement, before they can comprehend and believe what has been developing and building in front of them over that period of time.
Looking forward to the Melb Preso on Monday and coaxing a few juicy details out of Nige and Co
Have a great weekend AVZ'rs.
Exciting times