So I did as I thought - a bit of volatility creeping in on the chart suggests a bit of uncertainty - and 6 days down in a row is a stretch. Good to get in around 530 I think. They just had a record Jan for film attendance, and it seems the AUD will remain soft. They are guiding for a 9% higher unpat than last year for H2, based on my calcs. If this happens at least the H2 profit trend will remain in uptrend for a third year (at least - haven't calced 2012).
I suspect after 2.30 some dodgy market players took the opportunity to stop gun their clients on the rates news, by jamming the SP under 530. We'll see what happens from here.
GLTM&U
VRL Price at posting:
$5.34 Sentiment: Buy Disclosure: Held