I love how people who've made bad investment decisions and can't read the market make these ridiculous threads complaining about how IOU didn't launch and make them easy money. Sinking like a stone? your a joke. The stock a few weeks ago was sitting around .16 - .20 and it had been like that for 3 months.
The market was waiting for confirmation that the company was on track, coupled with the hype of BNPL the price sky rocketed. The SP was due to a re-rate and many such as myself were anticipating .35 - .40 However the SP got pumped so ridiculously we ended up here. to go from .16 to .53 (as of current) in a matter of weeks in amazing. At this stage the SP is merely finding a base before it begins its next rise on the back of good news, this is basic market/ SP movement.
Now don't get me wrong, I feel bad for you, in an ideal world I wish no-one incurred any losses. However do your research and play the game you want to play. If your looking for easy money and a day trade, this isn't the stock for you. Hold for awhile and you'll recover your .72 entry and make more on the side. That is, if all goes well. Which many whom put the time and effort into researching believe so.
Obviously a 3 for 1 trade is good if talking about FFG. But like IOU, DYOR and hopefully you'll make a good decision. Don't expect IOU holders to be like "yeah mate, sell our shares and buy into someone else you isn't exactly like us....."
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