As previous commentors have eluded to, this may be manipulation from the short side to allow them to minimise loss.
There is what, 6-ish weeks left in the FY, last quarterlies all kicked goals if not exceeded expectations/forecast.
A month to cut the report, so call it 10 weeks. (I could be way out on these times, I am just a filthy casual)
~~~~10 weeks of tree shaking volatility~~~~
Keen to see what those commentors that track the short % end up saying/tracking (and thankyou for doing so, I am sure it consumes a not insignificant amount of time to keep up to date on!!)
From these high 3's, what would we generally consider to be bargain? or estimate on the low point in this 10 week period to be for SP??
BOE Price at posting:
$3.75 Sentiment: Buy Disclosure: Held
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