RE: Buying time4 Mar 2022 08:29
Chris,
In normal circumstances I would agree and I have been averaging down here. However, we are not in normal circumstances here with no news flow from the company and a determined seller (we all know who they are) selling shares down every day as they exit and not caring what price they take or the resulting daily falls ahead of their next day of selling down. Without news and with continued dumping the SP has been dropping an average of 5% per day recently. That leaves us all with the question of whether to add more now or wait? Tricky one to call right now but at an old price of 1.6p equivalent it looks like good value to be had here but you cannot rule out that our seller continues to dump which could take another 3-5% off daily until something changes.