re: Ann: Ceasing to be a substantial holder f...
Nice upward movement from the ASX today after greece signs off on austerity package (LOL) Maybe risk is back on the table? POSX turning back down, AUD back on the up and up, gold doing well too. The one thing unanswered is the next QE (or whatever they call it this time round) Just a matter of when they do it, the market seems to be pricing it in otherwise the S&P would be tanking. New financial year tommorow hopefully some sustained recovery in the OZ market will bring with it some movement in our little obsession RED 5.
P.S wonder if we'll see DBA back in the mix for the new FY? I have a sneaking suspicion we will.....
RED Price at posting:
$1.15 Sentiment: ST Buy Disclosure: Held