The share price ran hard when the company first listed - there was a lot of hype - Tattarang buying, good Phase 2 etc. But with long breaks between any news flow of substance, the stock has become ripe for shorting. It’s a psychologically driven money move by funds to scare investors out of their positions and it’s working well.
Unfortunately, some big news Is needed to move us out of this position and with management all over the shop, it’s looking harder than ever.
Ann: Postcard to Shareholders, page-11
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