Well I made some mistakes on this one, bought to high then sold out before the big guys put on volumes of 300k shares at 20 cents the other day, so I panic bought in again lol.
But really, I haven't got many funds in this and this is a long term share.
I would assume that until we see some revenue, this may infact go down further.
Having said this, they have announced potential 7ish contracts (some very large with great opportunity) and all over the world.
So I guess until we see what those are worth, and when they will start turning a profit, then its really up to the day traders at the moment to remove the weak hands.
Secondly, if the product goes really well with these contracts, there is greater potential for them to expand.
Risky move expanding everywhere at present, as it would be harder to control and implement, but then again it gives great exposure and in a few years this could do quite well. Time will tell, but based off numbers alone at present, this share price be about fair value.
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