Hi Ruby15,
This stock should have been Aud $1+ since Christmas 2018.
Unfortunately, The shh only look at the revenue, PO, Cash.
They don't look at the intrinsic value of the company.
This is a global business company with big opportunities at stake.
Best wishes.
USD $6.00 by Christmas 2020.
If you bought GMV 10,000 shares @ 40cents = Aud $ 4,000
Now, 10,000 GMV ÷ 18 = 556 GMVD shares x USD $6 = USD 3,336 converted to AUD$4,703
Therefore, If they were buying to average down when it was tanking, they will surely be a winner.
Average down works for me if I believe the stock has potentials.
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