With respect, I'd like to hear your response to this:-
If somebody sold and decided to buy back at these levels to keep a sentimental holding in it, they would still hold and be able to use their supposedly large capital loss to offset against any present or future capital gains....
now why wouldn't they......
unless they thought they may have trouble buying them back at 0.1c. Whether they are buying back or not, you can bet that most if not all sellers are locking in that capital loss before 30th june. The decision is of course our own choice.
ADS Price at posting:
0.1¢ Sentiment: None Disclosure: Held
(20min delay)