date:May 21, 2014
e traders trying to quit loss-making positions before the price rises further, Esho said.
Takeover Battle
The last thing they want to do is get squeezed if it goes to a takeover battle, he said.
Trading conditions in Australia continue to be difficult, underpinned by intense competitor activity and a challenging retail environment, Clarke said in todays statement.
While the business is working hard to meet its earnings forecast, Clarke said he wont engage in short-term practices to the detri