I expected a sell off of FFX but this constant bleeding is...

I expected a sell off of FFX but this constant bleeding is unexpected. We've lost 50% since the 45c peak on day one of the demerger already. Should've sold then to pay off all my debt and rebought at these levels but hey, can't time the market.

There's an article on the AFR that talks about post-demerger performance. The 'child' company usually underperforms for about 6 months before reversing and performing strongly over a long-term period. FFX is weird because it is the child company. Add onto the fact that its tax season and the middle of a bear market that started in January.

Saving grace is that the value of FFX's cash reserves + Morila + intangibles is greater than the market cap so market has to correct itself. Question is when?