Most likely reason for the price reduction in recent days is a sell down as we head to EOFY.
For most this will be a long term hold, why not offset some other profits by liquidating if holding at a loss and buying back in the new year. It is common to see this type of selling at this time of year and I would expect news the other side of June.
Recent price drop is no link to fundamentals and fundamentals ultimately outweigh technical overtime. DOYR but if you arn't selling for tax reasons why sell now? why not pick up some at this discounted price.
YOJ Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
