"As for the sharemarket, it will do what it always does, go up and down."
I agree the market will definitely find it's level. The trick for investors though is predicting it. So let's try and understand how things will play out tomorrow.
1. The company announcement if it was going to be positive would have leaked out to the media by now, in an effort to stem any mass suicide by investors.
2. If the company announcement is negative, be prepared for them to keep us on the hook by telling us that " there have been some interesting returns from the wire line and we will advise you further when the full report is complete"
How will the market react?
Depends on the type of investment strategy you follow, quick returns or long term investment. Those who hold I see value eventually, ( 6 months+) others might want to save what they can and move on to something else.
Good luck to everyone which ever way you go.
My prediction is a sharp drop with moderate return by closing.
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