RE: WOW !!12 Feb 2019 11:10
R1 its exactly that mentality the mm’s seek to prey on, and those confident in the company such as me get to buy more at ridiculously cheap prices.
Firstly when we were at 0.50 there was imminent threat of default, no ceo and no updates to paint a picture of whats going on in the background.
Since then we’ve appointed a vastly experienced ceo who has the backing of major shareholders, changes at boardroon level (with more to come), changes at operational level (with a new plant manager among others), a corporate update, ceo has stated he believes he can turn things around quickly, biox running in a stable manner (hopefully with production ramped up v soon if not done so already), among plenty of other positives.
If the price does happen to drop because some sellers continue to give their shares away for nothing then those fortunate enough with spare pennies that take advantage and top up.