The crazy thing is 50% down is $0.60c, and from Friday's close that was only about 3 months ago.
And this was after an already significant 70% fall from $2 highs to that $0.60c mark.
The share price is down 85% from highs.
People who bought 3 months ago have probably expected something to happen after watching for a long time and monitoring the timelines published by the company.
I'm down 41.5% ($0.495 buy in), and I only had one opportunity to exit for a small loss, which I considered, but the next day was a pretty significant fall and I was expecting news, and not multiple negative releases, so I held, and then more delays and bad news.
I'm generally quite decisive and on reflection messed up in this instance, but I do like the story, potential and facts as they stand.
Hopefully we get a funding announcement, details of the equity investment and FID this week and next.
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Open | High | Low | Value | Volume |
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1 | 100000 | 0.091 |
4 | 53000 | 0.090 |
4 | 14299 | 0.088 |
1 | 6000 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 32766 | 1 |
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