Any CGT selling is usually done in May. Of course there'll always be some right up until the end of the June but this is more than just tax loss selling. The last update, which could've been a cut and paste from 12 months or even 2 years ago, didn't go down well with the market. Many long-termers who were supporting the SP in the recent rise to 4c are no longer willing to put anymore into this stock and I'd imagine some are even reducing their holdings given the methodical selling I've been seeing recently. I did sell a few recently to move funds elsewhere as I see material news not coming until the new year. The EV1 delay hurt
ADO Price at posting:
2.0¢ Sentiment: None Disclosure: Held
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