OMG...! Lol I was enjoying seeing the SP go up all day... Rubbing my hands together grinning with joy. Then..., I just checked in to see how close it was to $29- . WT...? My jaw just hit the ground. Lol. What a way to finish the week! Luckily for me I'm way ahead but it still hurt! I feel for everyone that's been buying in, in the last couple of days. :-(
My guess is the big boys wanted to finish the EOFY with a great big profit. They've probably been pumping up the SP with a big last min sell in mind.
I don't think the VISA thing is a reason, being that they have a slightly different model to us, plus it was announced awhile back- not big new news!
I wonder what will happen on Monday....??? Panicking retail SH dumping, or more loading up...??? Possibly the former. And then followed by a feeding frenzy...???
Good luck to all. I'm sure we'll be fine.
APT Price at posting:
$25.07 Sentiment: Hold Disclosure: Held