Don't think so. I always expected some fallout after the half year - it wasn't good and suspected that the 249D was a response to that in some ways. So I am not surprised that we have had price weakness - No news, No corporate action and no updates.
Really think that this is a very weak depth of buyers and in an industry that is in a changing environment. All of which suggests that there isn't enough information to make an investment. I think it's a great recovery stock which only a few months ago I thought was a growth stock. However, I have no information to value this stock so am sitting on the sidelines right now. and someone wants to sell so where does that leave those shareholders - really up a creek.
Would like the company to do a share buyback and buy these cheap ones up - rather than make me more nervous
SEQ Price at posting:
21.5¢ Sentiment: None Disclosure: Held
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