All's quiet on the Welfully front today!
Only 57,000 shares traded, lowest in a long time!
Happy to have snuck in for my final parcel at 8.7 cents. Fresh out of cash!
It would have been good to back up the truck at 5 or 6 cents, but at 80 per cent down after THE FIASCO / Suspension, I thought I could be throwing good money after bad. Now we have had some serious validation with knee pads, reduit, BORK and now Sephora, so it seems a great opportunity. Since the CR I have been buying from 12 cents down to here, underwater but very confident if PP sees value in buying 750K shares for $79 K, that is an average of 10.4 cents a share.
But why do so many shares suffer such a fall after a CR? Must be down to the options in this particular case, I am thinking.
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