At the moment there is no way one can make assumptions regarding the company as it has just had the equivalent of a massive heart attack.
The only thing we can do is sell, or see what eventuates over the next three months or so, before doing anything.
Those who are talking that it will make a miraculous recovery because other stocks have done so are talking through their hats.
They remind me of the story of the school girl rubbing vanishing cream on her belly in the hope that something will go away.
You cannot compare two totally different companies like that just because one did.
If I had to bet on anything, I would wonder if there was not a massive stuff up of the first trial that led the company to believe it actually had something.
Until there is an autopsy it is just speculation and casting aspersions upon management is just not fair.
GLTAH as we will surely need it.
Lockitt
PER Price at posting:
0.7¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)