The price action in FIJ right now is very bewildering. When the...

The price action in FIJ right now is very bewildering. When the first chemist warehouse announcement dropped on 7th April 2021, the SP hit an intra-day high of 17c and a close of 12c.

Since then we've had expansion into new ecommerce sites, a strategic partnership formed with Chemist Warehouse, product line expansion (and further products to come on line), cost reductions and stream lining of processes, record annual revenue for FY21 (albeit slower growth than investors may have expected), inventory build-up for expected significant product production in FY22, USA directors and advisory board creation to implement strategy to break into the US market (the largest kava market in the world), plus the earlier relationship with potential to supply Traditional Chinese Medicine ‘TCM’ ingredients to Chengdu Jiachuang Science and Technology Co. Ltd, who also purchased shares via an off market transfer from Zane Yoshida at 10c. There was also the small capital raise at 10c which I thought would have provided somewhat of a base at that price.

Yet here we are at 9.4c, an almost all-time low. Investors clearly not willing to buy in until there's concrete evidence of significant revenue growth and receipts. Hopefully the next quarterly report will give investors some confidence to get the price moving upwards again, or some left field announcement to bring life back to this stock.