@jonki A lot of frustrated investors bailing, which should keep a lid on things for the moment. I was fortunate enough to unload 70% of my position mid to high 2’s, way back when (seems like a life time ago), so I am happy to start building the position back up now. Why?
Mainly on the back of the new board cleaning the house up and in the hope they put someone in charge with a track record of running a successful business. It’s just a matter of time imo and if this happens, we see a re-rate and probably 20 to 30% jump in price. They could also close some of the 8 leads mentioned in the qtrly as well. They may be close now but may hold off until they get a new MD...just me speculating!
This along with some marketing to the investment community should be like a fresh coat of paint.
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