Correct. Also the ANN could have been packaged in a true sensationalist style i.e. 'Reffind breaks ground in the US market with Adobe as a first US customer' and then they could have had another 2-3 announcements around the other big names over the next two weeks.
But it wasn't and it was quite subdued compared to what it actually represents which the market obviously didn't really like.
Actually I would say the market initially liked it as there was a lot of good buying going on and at one stage we were up 9%. Those that have been thinking of offloading over the last few weeks / months used this wave of buyers post ann to sell into and get out. Hence the 10% drop
There is no way I'd be selling this close to the quarterly even if it nullifies my infestment upon release
Ann: Eight new customers join REFFIND-RFN.AX, page-38
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