Yep, i think its a function of a lack of news being released, plus some tax loss selling (Which you will see when companies are trading at 52 week lows in June).
I think with an 8.1c SP the oppies are way overvalued, so its good to see them holding up pretty well.
Nothing has changed regarding the company, its always a long-term investment for the patient, and the good news is we are already half way through the second quarter, so not long to go before the next quarterly.
Given Keith Bales is now on board, we may start seeing a bit more publicity soon IMO.
And yes Pier, the marshmallow line is a ripper and is VERY popular in the US. Remember, it hasnt been sold into the mass retailers yet and the article BRT announced a couple of months ago suggested that Toys'R'Us and others are looking at stocking them this year.
Yes this is the quietest time of the year for those investing in the toy industry, which means its also the most opportunistic time for those who believe in company/industry/product range/management
Add to My Watchlist
What is My Watchlist?