Ann: Responses to ASX Queries, page-32

I'm pretty sure most people wouldn't see this as big of an issue if the share price was still in the $8+ range. It's pretty evident given people's responses increased after the fall, not after the proposed announcement.

Is it ever easy to see a stock fall ~50% in such a short period of time? Of course not, but that's how stocks work.. Institutions feed off this sort of emotion all the time, and it's up to the investor to stop watching the fall, have better entries/exits and play the game accordingly. If I wanted to buy something without such volatility, you'd be searching for different companies. The fact KGN rose and fell from ~$25 in covid to where it is now, shows the historically implied volatility and any investor should recognise this as the embedded risk when trading it.

I know I say this all the time, but the reason there is money to be made in any stock is because of detachment from reality, fundamentals and the fact there is never going to be a straight forward valuation. You just have to know how to stack the odds in your favour as much as possible.