I held this back when it was Epitan and the same thing is happening. They hold its head underwater until small investors lose heart, patience or both then after about 6 months they put a rocket under it.....many speccies the same.
I have made and lost money learning this lesson.
My 2 cents? Wait it out for a rebound to low 30s, then buy and hold. But be careful of the cashburn rate and considering the delays with regulatory approvals you don't want this to be another CMQ!
why the stock is being sold down., page-2
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Last
$14.58 |
Change
-0.930(6.00%) |
Mkt cap ! $730.1M | |||
| Open | High | Low | Value | Volume |
| $15.35 | $15.74 | $14.23 | $4.173M | 285.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $14.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.58 | 1486 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CUV (ASX) Chart |