Agree and that’s why I’m still in and see enough reasons to stay in for the time being. But of course the big risk at the micro end of the market is that prolonged periods of drifting create a cash drain, holders exit when they see that a CR is on the cards and that usually results in a CR at lower prices and dilution for existing holders.
I’ve lost count of the number of times I’ve been caught in a CR trap, it’s probably the #1 thing I’m monitoring that would strongly influence my decision to exit a micro.
OPL Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
