It looks as if the SP is taking a breather and largely going sideways. POO is up, vaccine roll outs but SP pretty stable. I think we've come close to our new baseline levels.
From a Macroeconomics level, bumps in POO and demand are probably what will drive this thing higher. Microeconomics, ATS finding a drilling partner, more interest in the TMS will bump. The opposite is also true, negative news would move it south.
I'm happy to wait and take a breather over Xmas/NY. If you held during the March - November period then you clearly have the patience to look at the long game. I think most of us can be pretty happy where the SP has come from 3 months ago, although LT holders will be hoping for more.
ATS Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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