Hi CareBear,
This is a small cap, not BHP. Delays are normal. Did you read the 4C? We’ve moved premises. The printer was offline for 4 weeks.
That aside, did you expect another announcement saying we’ll be (x) weeks late? Not sure how long you’ve been investing but that’s not how small caps work.
You need to focus on the big picture like the $6m in annualised savings, and all the boxes ticked in the last 10 months rather than get all worked up over a little delay which was explained in the quarterly. As far as I’m concerned they’re still on track for end of June. Who cares what happens in between.
Investors are fickle. I think you’re suffering from low share price syndrome. The selling has picked up lately so you’re not alone don’t worry.
The seasoned investors look at the selling and buy on the back foot. They don’t panic and think of the fundamentals.
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