IPO update, page-1273

Closed for the week at $2.69, or ASX equivalent of 4.2c.
Can we blame this on Ukraine?
This is the last month. Think of all the announcements about testing kits and more testing kits etc in the last month. Yet this is the graph.
Arguably no volume at all.
Remember, this IPO'ed at $5, without any of this Covid testing revenue, not quite 7 months ago.
Yet somehow WITH the revenue, the SP is barely half that.
Not exactly a picture of FOMO.