This company is a low volume traded stock, if your not holding it for the long term then you shouldnt risk trading it, Bossplayer you cant just drop your holdings every time a share price drops. (you dropped CL8 after it dropped also) If you stop watching the price and focus on work and come back in 3 months its probably going to be 50 - 60 c plus.
The full year of the BioMrx hasnt even been realised alongside the South American Blood Agreement which was signed 6 weeks ago both these things have the potential to double our next 6 months in sales and put the company in a good financial position to buy back its shares and even get some broker coverage so it can be a higher volume stock.
The company did 12% YOY growth whilst spending 4m on RND add that RND on and its well over 20% growth, the business owners are not thinking short term, clearly they know in 1 - 2 years this will be 1 - 2 dollars per share due to the efforts they are putting in behind the scenes. There is know need to panic sell this company because everyone else is doing it, buy more when people are fearful because in this case you are buying them at prices which haven't been seen in 6 months.
Good Luck and see you in 3 months when we are back in the green.
