Good reasons Munch. I see the drop over the past couple of days as an excellent buying opportunity. From the looks of the volumes traded, it does seem that a lot of the short term traders are getting impatient.. or hoping to sell at a profit and buy in again at lower levels that the stock is hitting now.
The only worry is how low this will go.. I can't see any obvious support at the moment... but I remain confident.. and patient. ASCOB's are looking even more attractive today.
Expect a slight rebound in the next few days, but don't expect any big gains until later this month when the results are announced.
Just my 10c...
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
