Thankfully, and somewhat encouraging, is that there was some really big dumps but these were soaked up to the extent that the SP closed only one tick (.5c) lower). Part of the reason I'm enjoying the CHM circus is that it's such a small component of the big picture. I can't see it affecting the fundamentals significantly to the downside, although perhaps a S/T effect to sentiment if the court case goes awry. With stocks like CFE, that have the majority of shares in the hands of instos, is that whenever one enters or exits, artifcial swings in the SP occur. I use them to accumulate. Quite a few announcements due over the next two months or so Pinnacle drill results, Maramapa up for tender etc..). I prefer to accumulate during the quieter moments rather join the frenzy folllowing announcements but that's just me.
Peter
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