It paided off to be decisive on this one..what a mess.
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Sellers tomorrow might get a shock if the open is around the ASX close. Got hammered well into the big Gap, double bottom support around A$9.20 (NZ$10) which is also 61.8% fib retrace. Bottom of the Gap is about $A8.75 (NZ$9.5)
Attachment 10021
Close $A9.54 - according to ANZ the interbank exchange rate at time of writing this is 0.9175 = $10.40 Kiwi rounded to the nearest cent.
Remind me again someone please, when's the annual meeting ?
AGM is on the 20 November.
Sold half my holding at 11.50, luckily just as it started to decline. Now have a stop loss in place so if this drops any further I am out.
UBS renowed for shorting just hit the register
https://www.nzx.com/announcements/324887