Still Very Undervalued, page-22

Sure and with stacks of "smaller" punters who also got in around that time taking a nice profit.
They'll need to be washed through and that might even take a few months until the next QR if more big buyers don't come back in from this last QR.
And I'm of the strong view that this market does not "anticipate" results, but, most certainly rewards the good ones when they happen and the March 2018 QR could be the BIG one.