to go 10% is a quite a thing. most of the purchase are well over...

to go 10% is a quite a thing. most of the purchase are well over $4, 5 ,6. so they AustralianSuper did really terrible in term of the purchasing timing and price. imo the share price did terrible but the company did ok. some time a go it raised capital for about $100m @$3.05. did some acquisition along the way and increased their inventory level. the increased in inventory level is big compared to the past but without inventory you cant fill future orders. cash on hand drop as a result. There are many factors affecting the macro environment. raising inflation, shipping cost, delay, consumer sentiment, lock down. not particularly sure what is the floor price but if you are expecting to make a quick profit, the market can always stay irrational longer than you can stay solvent. good luck