Totally agree with your post. I have reread the last announcement and it does not warrant the sell off. There are some big buys happening & people are not understanding correctly the last announcement IMO.
Sure things are getting competitive, hey but what's new? It sure doesn't deserve the oversold. Anyhow I topped up at .875 as thought it had bottomed. Agree margin lending having an affect on the SP. I am happy to hold for the LT.
EPW Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held