You will see this emotional selling dissipate in coming days and rational buyers coming.
I would be the 1st seller if i dont believe this stock has a future.
I am willing to talk to you when things calm down. Give it some time.
28 years in the ASX gives me a certain level of rationality and calmness through thick and thin.
What happens now is just like 2 gangs of 20-30 people with guns and knives and sticks in their hands engaged in a deadly fight. When the fighting is done, rational buyers/investors will move in to pick up the cheap shares because they look at the project's value in the long term, not the current sp.
Hope that helps.
HIO Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)