Mate,
take one thing into consideration.
This has happened before, many times - have a look at the chart. It bounces big, too. It's one of those stocks that is played by the instos; if you get it at the right price you never look back, if you get it high you need to wait a while (in the red). But in the end, it rewards you.
I have been in this for over 5 years, and it is as frustrating as at times, but that has been the case since it was under $2, when I first bought. The biggest issue is that there are no profits to back it up, where its peers (in the ASX100) are generally blue chip.
Once it starts generating dividends .... watch out.
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