Cause and effect, Cr buyers would sell holdings before the Cr was announced .knowing they could reload at 50....hence Sp dropped into 50s beforehand.
New holders could sell in a range down to 50 or even below a pip, but still be ahead overall. Also try and trigger market sell stop losses and down she goes.
Personally got some more at 46.5....news is to start flowing.
Maybe a few stops were set too tight... All guesswork... Tc
TMT Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held