I agree. Unusual sell down. Has happened 5 Or 6 times in the last few months but has always rebounded to about $1.05 . The seller has lost money each time it has rebounded but who knows what will happen this time. This is a deeper and longer trough albeit on lower trading volumes.
no news to justify a sell off, in fact there has been positive news of good guidance, shareholder returns and contract wins .
I bought on the way down but I will wait for the bottom before jumping in again. There is no knowing how deep the sellers pockets are!
PRN Price at posting:
91.0¢ Sentiment: Hold Disclosure: Held
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