I remember QAN forum being full of hype men 18 to 24 months ago. They've all gone now, it was almost impossible to come here and post the reality of the mess that QAN was in without being crucified.
QAN situation is ghastly and I don't expect them to be around in 24 months time.. The rally is simply ticker men buying on the dip without fundamental knowledge. Seeing as over 50% are retail holders, this is going to hurt the Australian public the most, as if the economy is not already in enough trouble as it is. Impending RBA interest rate rise is another nail in the coffin and I see a prolonged 12-24 month decline over the majority of the market accompanied by a mild recession.
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I remember QAN forum being full of hype men 18 to 24 months ago....
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