Morgans do understand the difference as they made reference to...

Morgans do understand the difference as they made reference to your point in the analysis. I agree that their recommendations for this stock have been disastrous and both you and I have been witness to that based on your initial entry price. I would still like to see that they have overcome the caveats which both Luke Trouchet and the auditors put on the last set of accounts particularly those stated on P40 of the FY2020 report about covenants. I have had two other instances where breaches of covenants have brought stocks to their knees with long periods of suspension from the ASX - hence my personal reaction to such statements. I am fairly certain the Trouchet boys can handle the situation otherwise I would not be still holding but I have stopped averaging down.