There is definitely interesting trading happening here.
A ~20c share price reflected the return to negative NPAT in 1H16. The "interesting" part of the trading is that quite a substantial part of the move to that price occurred before the half-yearly results were announced. Clearly there were grounds for some of those traders to become suspicious about the results. I don't quite know what could have produced those suspicions though... I can't find a single public announcement or even a speculative article point toward such a result.
I suspect that the current positive move indicates those traders now suspect that we'll have a stronger 2H16 report. That's good enough for me! I'm in at mid-20s.
YBR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
