Surely the market will not re-act further in relation to this...

Surely the market will not re-act further in relation to this 'news'.
I posted on this Martial Law matter on 24Mar at 6:40am so the market has had two full trading days to re-act. I know the market is crazy but surely this 'news' is already fully priced-in.
It's interesting to note that the share price was trading steady until 3:30pm on 24Mar and then RED made their announcement and we were subsequently hit with a massive dump of over 500k within minutes. It turns out that this was shorters re-acting to the news - 560k shorted.

http://www.shortman.com.au/stock?q=mml

Now there would be over 2mil shorted although there might have been some covering yesterday.