Originally posted by newbieinvestor
sold a significant chunk of my holdings on this one. Sustained a material loss (biggest loss from a stock so far) but need to accept that until funding is sorted and clearer pathway to commercialization the SP will dwindle at this level, even lower. The lSP has stayed at this level, low range of the 52 week SP range, far too long that it will be hard for the company to get out too. Not to mention that cash level is too low and doing a CR at this level will be a hard sell to investors.
Good luck to all. I still have a small position just for me to still monitor it, but not too worried about it if it goes down even further.
Don’t forget Kobi put $50k of his hard earned into this at $0.016 in September...you don’t do that if you think your company’s going backwards. I have faith in this...check the broker tables over the last week- between 50% and 60% is via ComSec which implies retail that are giving up...not insto
