It seems that almost everyone on this thread thinks that "fundamentals" refers exclusively to the resource in the ground and demand for end products.
I believe in the broader market, "fundamentals" encompasses a vast number of factors, including but not limited to quality of management and Board, strategy, integrity of corporate advisors, company culture, corporate governance, quality of business partners, supplier concentration, financial accounts transparency, etc.
Based on current share price movements, while it is true that the resource in the ground remains unchanged, it seems the market is reassessing other "fundamental" parameters based on recent ASX announcements.
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