Even though management has not provided guidance, the tone of the words used in the AGM strongly suggest that this half year result is going to be weak and down on last year.
Given its a micro cap, I fear plenty of small insiders know this and hence the persistent selling.
I hold, but will wait for better clarity of future earnings before topping up further.
We just don't know at this stage if 'buying the dips' is smart or just buying a value trap that will become apparent only after the release of results in feb/mar 2022
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$1.29 |
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---|---|---|
3 | 9126 | $1.28 |
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4 | 11285 | 1.275 |
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4 | 7783 | 1.265 |
Price($) | Vol. | No. |
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1.290 | 22232 | 6 |
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