I think there are a lot of factors at work here. It depends on how optimistic you view the future of the company in the context of how are you view other investments and the overall bullishness of the market. In my opinion there are many better investments in fact they are everywhere and the track record of this company is very poor in relation to the bull market that we are having at the moment. Excuses are not good enough money is the deciding factor plus the track record of the management itself. If I can make money elsewhere why would I invest in this company. For example I have made 10 times my money in lithium stocks. I believe I have only just started with lithium stocks and they have a lot of legs to run yet. I could claim a large tax loss to offset against the capital profits of my lithium shares and minimise my tax so what is my incentive to be with this company when I’ve got large profits in others.
AV1 Price at posting:
10.0¢ Sentiment: None Disclosure: Held
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