Agree entirely wtih MLC - the SP went from around 8.5 cents on August 19th 2015 to $1.17 on September 22nd 2016 - a rise of 1376% or 1065% per annum. That was just a flood of hot money, the SP was grossly over valued and even a rise to say 40 or 50 cents would have been questionable considering the state of the business then.
Once the hot money including the early institutional investors started to take profits it was going to take a long time for some level of parity to be restored.
TA discussion, page-4548
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