Tammekand,
Generally a tree shaking exercise I think, so if there were any news coming I would expect to see heavy downward pressure on the SP so as to max out the opportunity to buy low.
I am surprised that the short sell from yesterday is only 2.91%.
Would & will be interesting to see the shorts from today - pity that was not live data but that would defeat the exercise for the shorters.
With all the action in Gladstone, the pressure will be on the big boys to shore up more reserves so BOW will look rather impressive when the 2p upgrade comes out.
We have had very little news lately to support the SP, so I am expecting some soon. With all the negative publicity around with the Surat basin boys copping a flogging from the concerned for the environment faction it is little wonder that the SP is under pressure.
Dont worry about R.P's seeming invisibility atm. I am sure he is guiding things behind the scenes.
Tammekand,Generally a tree shaking exercise I think, so if there...
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