Bought back in today at 15c - imo what we saw on Tuesday after the reserves upgrade ann was some pent up supply probably dating back to the last time the SP was at around 16c back in August last year - about 20M of volume back then over 2 days and about half that exchanged on Tuesday creating the downward pressure.
But yesterday and today are low in volume which gives me some confidence that there is little supply at the 15c level. Might see a bit more testing at this level but imo 15c is a very low risk entry given the exceptional fundamentals.
Cheers, Sharks.
to be blunt, page-12
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