I would agree with you from a fundamentals perspective, but fundamental have not stopped the SP falling off the cliff. I'm talking about admittedly a small minority of speculators still holding that are driven by what their charts say - but the SP has been driven down from 7 to 4c on thin volumes compared to the total number of issued shares.
If you say there is technical support between 4c and 2c, please show us where. I'd love some informed commentary on where the support will come (and where to buy) if we fall through 4c.
BAR Price at posting:
4.2¢ Sentiment: None Disclosure: Held