I'm not sure this would have been allowed to build to a decent SP anyway, with a CR on the horizon in the short-to-mid term and the big money sitting on the sideline. All that would have happened is a CR with a bigger discount being offered on the VWAP and greater disappointment from retail longs.
I don't like it (and my re-entry could not have been more poorly timed), but it had to come. And 4.7c ain't half bad. If the next round is at 4.7c or lower then I'll be dirty.
MOD Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
