Commsec is very busy so I assume retail are running for the hills. Paradice, Ausbil, TW or MT are likely targets larger end of town. Could possibly see change in sub next few days, but might not.
Interesting a few crossings started going through towards the end of the day and on the auction a large seller 3M+ shares went big to see whether the mkt would mop it up. It was bid over for 1M shares at 90 on the close so buyers could have taken more. it will be interesting to see whether this seller/s are now happy with their position.
Full disclosure I went overweight in my position today . There's no lack of noise and panic out there but my gut tells me it's oversold. Think if you have conviction you've got to go against the crowd sometimes. Each to their own.
Quarterly out soon should give a clearer picture where we are at. Plus updates on at least some of our potential deals.
BET Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)