Yeah, I was wrong.
Small investors alway are bullied by instos.
Over 8m shares traded or cross traded after 16:00.
Now, sp is back where we were two weeks ago.
I won't worry and hold onto my parcels.
sp was double in a few days. It would and should double sometimes in the future as PXS doesn't have cash problem. Current cash can last at least three years. We have plenty of time to recover.
Tax loss selling, stop loss, instos cross traded, etc cause the panic selling today. 15.5c values the company only $47m, almost half of the cash they have/will have (including US$20m from NovaQuest).
Yeah, I was wrong.Small investors alway are bullied by...
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