The market reaction didn't surprise me at all. As I have stated previously, the share price is not heading north in a meaningful sustainable way until the overhang on the register is gone. The overhang is clearly still there whether it be stale holders who are impatient or Morgans clients who paid high prices and have been trapped since 2020.
It's certainly an opportunity to add to holdings at a very cheap valuation. I have been doing so in recent weeks.
EMV Price at posting:
$1.93 Sentiment: Buy Disclosure: Held
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