What has happened is all investors that jumped in at 8-9c+ are mostly if not all gone. It is mainly the long termers remaining & those that got in at sub 6-7c.
Retail will look at the last 4C & say over valued thus not invest. They will wait for the next 4C & the one after to invest. So after the 4C in October & 4C in January retail will pile on again. In the meantime, the instos in the absence of monthly updates know that they can easily accumulate at CR price until there is a catalytic announcement. The instos will be offloading at 20-30c when retail is piling on the shares. It's a vicious circle.
I think there will be an announcement between now & the 4C in October. DT will surprise us.
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