It is now going to be a slow road back until the next quarterly or annual report. Even with big partnership announcements I feel is a month at best now until some quality gain in the SP.
Given the large insto / director holding in the company, reliance on new retail investors to jump on is going to rely solely on revenues from the sales now imo.
Everyone was expecting a larger signup by now, yet to finalise and whether this occurs pre Christmas is unidentified. The SP barely moved on the announcement last week on 8 distributor signups.
Hold and wait for current holders.
Buying opportunity at these levels for the push back to 10c minimum for new buyers / trading parcels.
Instos will hold until they see reasonably profits back to that 10c price.
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