My theory about the recent SP plunge is that some are leaving the registrar as the pumps and dumps on this company can be quite vicious. I don’t believe there is any evidence of insider trading - rather people just speculate on when certain announcements will arrive. Though nonetheless, CRR has had a real problem with staying positive after the release of an announcement - plenty of people have likely been burned by this and have sold out for losses. The spec end can be ruthless.
The company has struggled to gain momentum after the highs under Biggs. Not sure if momentum will be gained anytime soon under new management. Quite a lot of people would be under water and looking for exits unfortunately. That will certainly prevent any future rises
My theory about the recent SP plunge is that some are leaving...
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