If you look at it analytically you realise the reason for the...

If you look at it analytically you realise the reason for the drop comes down to sentiment and a down day in the market. The fundamentals did not change, it was driving up on pure hype and it is unrealistic to believe that a correction was not in order.

Short term and day traders selling out on large profits is to be expected. I mentioned this at the start of the day, sure enough the sector dipped. Small cap stocks are highly volatile and the company was oversold. I believe that the price could be 4-8c in 2018 but yesterday was nothing more than panic selling as people saw their profits dissipating. I was looking for 4c but had a feeling about the day and free floated at 3c and took a little profit to put into another stock till honey ipo

Personally happy for the correction and could see it head to 1.4-1.8 if others re-correct also. While eve is it’s own business outside of the mm sector, until omni and Meluka provide revenue that equates to a good market cap will look for next support as indicator of price