I don't expect anything that dramatic. Granted, a period of unconfirmed blackout will keep the valuation under pressure, and some will take advantage of this. I think it's rational for retail investors to do the same so there will be support far earlier than the 40c region in my opinion. I would not hold my breath until the offtake news however But they will come. Financing news will come. The BOD should be given a warning shot on the next AGM, their performance is mediocre at best. KC should drown in dissatisfied shareholder emails. Not financial advise, just the opinion of a LTH. DYOR
EMH Price at posting:
91.5¢ Sentiment: Hold Disclosure: Held
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But they will come. Financing news will come.
(20min delay)