It is ridiculously cheap. No doubt about that. But to me the...

It is ridiculously cheap. No doubt about that. But to me the issue is as much a lack of new buyers as it is the selling.

I think with almost any stock a certain level of selling is people who either (1) need the money for whatever reason, or (2) get impatient / frustrated with lack of price appreciation so sell. Volume has been relatively low, so not mass selling but also not keen buying.

Anyway, at least we can be comfortable that there is no business performance issue. Like all good stocks, time will be the equaliser.

MJS