Yes @everglass - that is correct. The 4C is usually released late in July. The timing might mean that the 4C is in fact the trigger for a sub-6c. Alternatively it could be a catalyst for improvement.
A modest amount purchased in a few tranches a sthe SP dips below 6c seems reasonable to me and low risk if the SP wallows further. I got out above 16c when the board spill created a hopeful enthusiasm after holding, buying the CR low of 3.5C and riding the run-up after before the wheels fell off.
However, the bones of a solid business are becoming evident again with a low cost base.Time has passed which has provided a settling period for the company and the SP. The impatient have left the building. There is at least some agreed expectation of delivery on the promise from the new management and Board.
Switch sentiment to hold as it is getting close to buy for me.
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Yes @everglass - that is correct. The 4C is usually released...
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