XMD 1.17% 10,423 s&p/asx midcap 50

Yep, interesting chart. It may take a little time for the market...

  1. 16,642 Posts.
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    Yep, interesting chart.

    It may take a little time for the market to fully digest the large capital raising, and that might just push price 'generally' sideways in a range for a while (barring any large moves in the POO, as STO will also follow any large moves to some degree, up or down).
    Which would probably be a good thing overall.......basing for a while, building a cause......

    During that time, hopefully, crude has also sorted itself out, then both charts could move higher in unison.

    cheers
 
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