Thanks GeoNeo. You have made sense of Alex Cowie's rough call. I felt that I had had a rush of blood (buying early on Monday) and that I would pay a heavy price. Now that I know 'why' the market was driven down, I will await what in all likelihood appears to be a 'substantial' increase in sp.
I am keen to see the updated fortnightly report from denial, to see where CCC sits amidst it's peers.