look at the substantive listings, the mkt now is simply funds who buy in (major culprits UBS) and then short the stock, only to later buy back for less. NAB, CBA all have had and are still having a field day playing this stock. Easily make 3% a week short selling, buying back, short selling.
ASX Mkt is contrived and not to invest (buy n hold style) anymore. They want to create volatility (and mkt manipulate), its the only way they make money.
we should all go to the casino. we are being played.
this stock will be at the mkt mercy as funds are enjoying the daily 2-3% drops, buy back, then drop again. yo-yo here we go...again. Who's up next, UBS?
fundamentals, what is that? beat every analyst expectation, great outlook, high divi's yet punished to mid $2....i need to learn to short...or give up and flip property
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