Rather than trying to pick a winner(s) in the Australian MM space, you could also just use the "index" technique and take a position in all of them. Instead of investing a large amount of capital in one or two, just invest a small amount in all of them. Some will go up lots, some won't, but by buying a small piece of all of them you are effectively covering the sector.
Create your own "Potfolio", which is like your own mini ETF for the Aus MM sector, and just play the trend.
http://www.marketwatch.com/story/po...ly-higher-in-early-days-of-trading-2017-04-10
ZLD, page-85
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70.0¢ |
Change
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Mkt cap ! $7.943M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 73.5¢ | 70.0¢ | $1.176K | 1.633K |
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| No. | Vol. | Price($) |
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| 1 | 10000 | 67.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 1846 | 1 |
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