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1,459 Posts.
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13/12/11
12:57
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Short term the main game is that this register is full of super funds & WHSP.
Many bought in on the last few days so their 45 days holding period hasn't passed yet. Most will sell.
Some buying will come from those reinvesting their cash payout, however eventually they are likely to be overwhelmed by the super funds.
That's why I think a sell now and consider buying back in the teens is not a bad strategy. Especially given the European problems.
The exploration results last night seemed solid.
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