The market can be so unpredictible... IMO The coronavirus crisis has not helped the Share Market and some Companies were hit harder than others and saw their share price go down. The Company made a share placement at 6.5 cents (based on market price at the time) so the buyers at these prices want also "Money in their own bank" so short trading every day and making profit like with any other shares.
What we can see after a great news like this though is the buying side increasing... but the sellers keep making money at these prices.
It is not great for the long term investors but our time will come hopefully...
I have shares in a different company valued at 50 cents and trading at 6.8 cents currently... so like I say the market can be so unpredictable!
The market can be so unpredictible... IMO The coronavirus crisis...
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