I honestly do hope I'm wrong as this is by far my biggest holding and I am down 35% on a 10c average, but in my experience of ASX small caps, no news is generally NOT good news, and - aside from obligatory notifications of changes in shares on issue and a questionable if not uninspiring Director appointment - three months radio silence does not bode well, especially given the slide in SP and the fact that this board need runs on the board, therefore you would expect any hint of good news to be shouted from the rooftops, and given nothing but crickets.....well if I'm honest I'm expecting a further 20% slide in SP from here by mid-August.
IPD Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
