Ah, good old speculation of a return back to pre-benchmark days. Explains it all. Cheers!
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Congrats to all who have broken even or sold for a profit. I do have genuine concern however for anyone buying at these current levels,what if the FPP final determination comes back with a lower price than the draft as I understand drafts can be more aggressive than finals. If the price come out at $45 Chorus wouldn't have any buyers for their lines or as JK said last year that Chorus could go broke, he might then be saying Spark could go broke. Time for a game of pass the poison parcel anyone?:eek2:
Thanks for that info bobdn-looks like an informative web cast at 10am this morning.
Like you I sold 25% of my holdings yesterday.
I need dividends to pay my margin lending so holding onto chorus-and buying more at sub $2.00 prices was a difficult decision.
I am working today and it would be great if you and others could post what you make of the webcast.
thanks
Can anyone post a link to todays webcast? Thanks
Considering the present gradient/trajectory in relative price change... Im reminded of the toy rockets I built many years ago on the farm... what goes up ! ... must come (...)