Not at all unless there is non Covid-19 news that I am not across.
It has been my experience and also that of many others I am sure that the share price on the ASX does not represent the value of the company. Markets like this one are the Boxing Day sales that only come along every decade or so. Why pay 30c per share when you can get it for 20c? The market has a lot of noise but most of it is distraction. It only takes a couple in a herd to create a stampede. If you have not seen a fundamental change in the story and the company does not need to raise cash in this weak capital raising market then in my opinion it is a great opportunity to get more at a discount.
I will never advise anyone to buy a stock or a market, but in case you are wondering, yes I am a long term holder and I am buying.
Good luck to all holders,
The Rad
PIQ Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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