The bounce back to 18c was nearly as quick as the drop to 16.5c that seemed to happen out of nowhere. Was the action initiated by a holder with shorts still to cover but who doesn't want to be buying them back in the high teens, do you reckon? I can never work out what's going on. All that I can deduct is that the selling and the buyer were suspiciously similar. There was a 15 sec interval subsequent to the 16.5c line being touched and back up it went in one swell swoop to the close. It shits me that i dont know how to accurately interpret such action. The total no. of shorts left to have to buy as shrink dramatically since the SP fell below 20c coupled with the Signing Ceremony. So, yeah, the shorters will be one happy fraternity!
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