I think people are probably now thinking there will be a CR and a heavily discounted one at that before we get any significant share price altering news. Also people have now lost trust that any type of news apart from a deal of some sort will actually move the share price too much. There has been far too much hype and noise from Leslie in particular the last few years that have mounted to nothing. In particular her statements that this year will be better than the last etc etc. People have now started to lose trust in empty words and may be selling to buy in cheaper post CR. I obviously would like some share price altering news like we got 12 months ago, but once again even if we do get that then I feel people think it will just get pushed down again to these levels.
IMU Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
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