Hi Mogga I reckon CG cleared his holding back in December from...

Hi Mogga

I reckon CG cleared his holding back in December from the sell-down pattern. Interested to see next report with holdings come out.

To me what we're seeing is a slow building of buying because the big correction down has run its course. I could be wrong but there is pretty intense negative noise on the forums about no PASS etc etc and yet the market is ignoring it. Once the tide turns up, the market ignores the bad news and focusses on the good. Same as on the way down, it struggles to rally even on good news.

As a holder I'm cautiously optimistic, if I wasn't a holder I'd say it was a buy with appropriate stops in place. At the moment it's doing all the right things.