Tends to happen when no one has confidence in a board that has told furfys in the past, despite the real potential of a company. This unfortunately is the price investors have to pay for boards whose name becomes mud in the industry.
The market is waiting to see what "actually" happens and to look at the figures in black and white, and not at fickle promises made by the board.
I see the big picture is that iron ore is here to stay, the prices will remain high enough for this company to make money, and the sp will recover. Off course the timing of this and the extent of recovery depends on what the actual figures will be and not what this board represents to the public.
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