if it was back in April like the last raise Id say selling would be a bit of risk management/average down situation considering global events. And we saw a solid 10 days of selling to 20c. However, there was no PEPR, battery stocks and all stocks were getting smashed, inflation and recession FUD was off the chain.
Selling now to get back in under 25 or even 27 might be risk. If we get a few solid announcements which we know are around the corner, price may bounce hard.
Ann: Successful Completion of A$70m Institutional Placement, page-23
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