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6,475 Posts.
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15/05/11
15:18
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I suspect that several stops (via CBL)are set at 66cps.
We've getting close at 67cps and there will probably be a rush for the exits if it closes below 66cps. Limited liquidity may compound the drop.
Given the current price, the short term potential to drop further as well as the 'poison pill', I cannot envisage much potential for a higher offer
The imho the short term risk is very significant, hence my sell sentiment.
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