in the doldrums, page-6

Nah actually wasn’t joking but perhaps I am wrong.
I checked the market depth this morning at 10.15am and was encouraged there was over 1 million shares bid for at 13c including one buyer wanting 500,000 that had been there for over a week.
I checked again at 12pm and the buying support and the 500,000 buyer had disappeared.
They started the day with over a million shares bidding at 13c and ended the day with less than 200,000 shares wanted.
I understand very few traded today but the strong buying support that had built up at 13c just vanished.
No - I have no intention of buying back in (my first sale was a significant stop loss) so not going back until some real good sales and revenues news is announced.
If that actually ever happens then yes I will re enter again in an instant.
I think the net asset backing of the company is 13.5c so it’s fundamentally very cheap if the anticipated growth mr Phillips always talks about actually happens.
I agree it’s bargain basement but learnt my lesson on my stop loss.