RE: This could go to 0.3 with no news26 Jul 2023 16:52
Ziq, cant see this going back to that price, the reason is when the acquisition was announced, over 200m shares were traded, lots of people buying in the 0.60's, 0.70's, 0.80's and 0.90's. All of them people did not sell so we have a lot more investors locked in at those prices and won't be selling them again until in profit, why would they? For the price to drop 54% it would take one hell of a sell off, think about, 54% from this price is crazy. You could start to bring that average down now like I've been doing when it was in the 0.50's. Just cannot see this heading down to 0.30's I'm afraid, to be honest I wouldn't mind that either, but it's not happening. You'll be ok with your current average soon enough.