Probably crafting the next deliciously ambiguous shareholder statement to engender some new false hope to bolster the dwindling BUD herd. But I am not prepared to be a part of this EOFY slaughter-house scenario this week. Hold fast.
I have no faith left in him as an effective MD, but every faith that his mates from the top end of town will cause him to do whatever it takes to get this SP back to at least 8c so that they can recover their funds from the LIFX float. They are likely the same buyers now slurping up the cheap retail shares on offer till Friday this week. It's money for jam, folks.
I'm hoping that the LIFX sales-figures for the quarter will be strong, giving rise to a significant re-rating in the SP. Watch out for the wildly-positive announcement, followed by the equally positive SP action post 01 Jul 19.
When all else fails, back self-interest every time!
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