I think the hold & accumulate strategy is justified with HOR...

I think the hold & accumulate strategy is justified with HOR also, however one must exercise foresight and patience. Gotta look past the short term fluctuations.

20c would be in the event of a market meltdown IMO. Providing this doesn't happen, we should be fine. Can't rule anything out these days however. Time to set up some stop-losses.

Another stock I hold did a placement of shares to a major holder for some $11m at around 70c. The SP today sits at 46c and this is a stock with massive potential. So don't think it can't happen.