imho, I hope you right about the sentiment part. I'm not too sure myself because I believe the market has picked up in this late part of the afternoon due to the RBA's announcement of a 1% Rate cut. But in this type of market this type of late rally could probably be a "sucker's rally". If we have more bad news from the U.S. by the time our market's open then that will be a good test of whether this sentiment has truly returned to this outstanding coal producer in CEY. Just my humble opinion.
--- The poster holds IPL, CEY, MGX & CBA --- this is my own opinion, seek professional advice and/or do your own research before making your big decision on this stock.
CEY Price at posting:
$3.40 Sentiment: Buy Disclosure: Held