Yes, this does look a bit irrational. One of the larger holders has probably decided they want 'out'.
Yesterday the ABS figures showed Australian unemployment rate fell to 5.8%, and while there is some scepticism about the figures there is no doubt that unemployment is trending down.
With a falling unemployment rate, it is hard to believe that conditions could be all that bad for YBR.
Ann: Investor Update, page-24
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