Too much stock printed 5.3/5.5 (500 million shares) and no...

Too much stock printed 5.3/5.5 (500 million shares) and no catalyst until November means we are headed lower. Only so much money is prepared to have a punt here in the Australian context.

Euroz may have some bullets to try and defend 4.5/4.6 area, but once that falls 3.0 cents comes into play extremely quickly. Still hoping for a left field reprieve , but planning/expecting the worst.