Todays volume of 1.68mm was the highest for the past month (prev.1.51mm)and much stronger than the daily average for the last month of 622K. There was only one other occasion in the last month when vol. was over a million at 1.33mm so not sure why there was a sell off today. I don't think that the fall in the zinc price of 2.5% should have had such a large impact on trading. PEM has not had much short selling recently but it maybe worth checking the short sale stats tomorrow.
Seems real cheap to me ATM esp. since the completed GlobeStar T/O. Any other opinions on todays trades?
ANZ
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