This wont drop below 2.7-2.8 even if it dips below 3. The waters...

This wont drop below 2.7-2.8 even if it dips below 3. The waters have consistently been tested there and there was only 3 times it hit 2.6 (2 in very short period of each other) which was September last year and it bounced every time.

In the last 3 months, we have had triple that amount in escrow shares released and it still hasn't hit below our bottom support of 2.6.

This is simply a retrace from the 25% increase over the last fortnight and people jumping out due to the new FY opportunities.

We had a 25% increase in SP over the last 2 weeks pending the announcement of out OTT service which was released on the 28th June. Refer to my comments above relating to our support lines etc.

Also, define worse? The likelihood of dropping below the support which has been in place since September last year is unlikely. We were sitting around 2.7, 2 weeks ago and have increased on pending news. Others will jump on the opportunity to get in over the next week or so pending quarterly news.