Yes, its all a bit depressing. I stupidly bought on the announcement before the last one when there was a sudden spike (and I bought towards the top of that spike!). At 0.019 I bought again to bring down the average purchase price of my shares. I was of course thinking that the last announcement (which was at the time pending) would see an increase in the sp or maybe even another sudden spike.
Perhaps I should have cut my losses by selling my first parcel at 0.019 (instead of buying more). But, here we are, now in the low 0.01's. In any case, there's no way I'm selling with this loss as it does appear to have good resistance at least where it is currently...I'd hazard a guess that a lot of people are in a similar position to me.
I think that it will rise again, and that it will rise rapidly as soon as some volume returns. The question is though how long will I (and others in a similar position) have to wait before it happens ???
IIG Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
