My thinking is that this might be extended, but I believe if that does happen, this is going to drop very quickly as a cap raise is just around the corner. If that happens, I'll potentially buy back in. But I'm not willing to risk large amounts of money that will drop significantly with each pip when there are only 3 weeks. It's simply a bad bet.
I too felt very positive about this MOU but the sell-off hasn't been a fun ride and it will only continue if something isn't signed. It's simply been a good idea regardless to sell off my holding as it's dropped to a better buy-in price if I choose to do so.
Good luck, I hold very few oppies and that is it. Hopefully, it goes up to offset my loss. But looking at this now, it doesn't look great.
SRN Price at posting:
0.8¢ Sentiment: Sell Disclosure: Held
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