Why recent SP sharp fall, page-14

Thanks Jaded. I know among my circle of SI's, there were some big cheques sent in for Medibank float. The capping at $2 was like a Pavlovian response among many of the SI's and super funds chasing safe yield with potential orginisational upside (as efficiencies kick in). And there are going to be some big refunds coming back in. I think it will come back to market, but I suspect it won't be immediately. Many of the larger investors will likely just sit on it till after XMas, but it will eventually come back. To where, is the next question.