I’m thinking the market reacted positively firstly to ‘an announcement.’ General school of thought must’ve been..’my god there is a pulse !’ Secondly, that there’s enough cash to continue paying generous salaries including holiday loading. Personally I’m relieved that staff are able to continue their ‘non work from home.’ However, such is their commitment to economise to preserve SH capital...it wouldn’t surprise me if they’ve left all the lights on in the office....including the air conditioning in their absence. Just a terrible investment. However good news for me the rest of my portfolio has kicked nicely & I’ll be able to write off my entire loss comfortably from this woof woof stock. I’m sure they’ll be glad to see me move on & I’ll be feeling the same.
ATH Price at posting:
2.0¢ Sentiment: Sell Disclosure: Held
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