I'm one of the suckers that jumped into this company in early Feb 2020, and watched my investment get crushed like a tomato in March.
Given the liquidity of markets and all the capital which is being pumped into the streets, we will all need to wait until there is some financial pain. Government handouts will stop in Sept 2020. Companies will start laying off more redundant people which will need loans as a stop gap within their households.
Sept 2020 onwards is where the positive support will come in and ramp up.
Don't worry, I am a true holder, I topped up again today @ 0.22 and I will keep picking up 50k bundles until my broker says STOP!
GLA
WZR Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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