This thread pretty much predicted this whole delay situation and falling sp. Hopefully a few cashed out and re-entered cheaper.
Or hopefully nobody was buying in the last month paying >12c.
Now that the inevitible has happened and its in the open, perhaps the market can move forward. The risk-reward balance was against us at 12c, but now at sub 10c the balance has just tipped back in our favour.
But it obviously requires a different kind of investor. You really need a medium to long term view now. Before we probably had a few holders waiting to make stag profits when we were given the green light. Thinking they could double money in a short period.
Now we will still double our money, even more at these low prices. But we need to wait probably 3months. Their could be an opportunity to make a quick buck elsewhere and then re-enter here in 1-2months at same sp or lower?
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1 | 106000 | 0.094 |
2 | 105376 | 0.093 |
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Price($) | Vol. | No. |
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