Well in the last week the following has happened: 1) Founders...

Well in the last week the following has happened:

1) Founders selling 100 mill in stock
2) Placement done and stock instantly below placement price (currently 6%)
3) AUSTRAC investigates compliance breaches and forces external audit
4) ASX queries their compliance with listing rules (company response comes out at 530 PM on Friday)
5) Investors left wondering if the founders had knowledge of what austrac actions to occur and potentially front run the price decline? *point 5 is subjective to interpretation.

All of the above for a company running at approximately -17 cents per share in earnings whilst commanding a 5.5 billion dollar market cap. After tripling in a year at least a 50% pullback would be expected.

Revenue increases constantly and still no profit????

Upside Down has likely seen the writing on the wall.

The head and sholders was there to everyone to see, next stop neckline and when that breaks likely go sub 15.

All my opinion and DYOR