Not looking good. As we approach end of financial year Fat...

Not looking good. As we approach end of financial year Fat Prophets punters will be throwing in the towel and taking the tax loss. I expect many will be waiting for a rally in the stock price in the next couple weeks which is unlikely to materialise with the current market backdrop.

Whilst those who are looking to buy (if any) in will wait for a raising later this year at most likely 4-5c. To say manipulation is the cause of weakness is either denial or being naive.

Good luck to holders.