Could be. Anyone's guess at this point. We've got two possible channels here.
Nevertheless, dropping to where it started on the back of an announcement (which implies holders rushing to the door) was not a positive development. Hence giving more weight to the downtrend as you said. We'll find out tomorrow.
IMO tonight overseas markets will have a say; there have been some surprises lately; and we may get another one tonight.
KTD Price at posting:
45.0¢ Sentiment: None Disclosure: Held