Seroiusly, judging by the first hour, some small profit takers, once the offer stacked up a bit at 12 it got whacked. Someone is taking stock onboard. Its the volumes for me. Yesteray a hell of a lot of stock got bought out of nowhere at 11.5 12 12.5. Now given recent vols this means there are some new players at the table. My view it will either stick here and carry on in this fashion or go further. Buyers are gonna sit tight and wait for the weekend profit takers to give them some stock, if later not enough has been given up, they may well pay up.
My opinion, for what its worth.
SBS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held