Views29 May 2026 18:06
Optimists, pessimists, pragmatists, any other sort of ists, all will have a view.
The sp reached its current level when a significant holder saw fit to increase his position, which validates the view that anyone who wants to build their position will have to pay more than the present level. Major approvals, product launches, notification of "multiples" orders placed or delivered, will all tempt some to seek to add in anticipation of the arrival of profitability. Meantime, we see this daily activity of man trades of no consequence, which I assume is some reflection of spread bets/CFD's. To me, it feels like a launch pad, that's my view