Bought at 0.27 also means someone sold at 0.27. Someone eagerly sold at that low to get out. That 200000 could be that the person placed the order at 0.27, he might not expect that someone would sell at .27.
The entire sector experienced the downtrend as we should know due to speculators and traders were leaving after pushing the sp record high. However as the very first company into production in Australia, it is a mystery that ppl are lack of interest in this company. This possiblly is due to the uncertainty on graphite and Graphene applications. By now, most applications are theroteical or under testing developmrnt stages.
The strategy and the purchasing order all look good as the company presented in front of us. But yet, it didn't trigger any positive reponse in the market.
I bought at the highest sp, but now the value shinks more than 60%. It's hard to decide to get out when u could loss that much.
The only thing for some of us can do is to express the worries and concerns here, which can result in some actions like mOng did.
VXL Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
