I just look back and ask why half the companies stock on issue...

I just look back and ask why half the companies stock on issue traded in one day (I think it was around 300 million shares) That is almost unprecidented. This does not happen because a group ot traders get over exceited, it happens when there is a quantum shift in the prospects for a company in the eyes of those who are far better able to assess these things than most of us. It then may take months or even years to go to the next level, depending on progress..

I would have prefered to have seen the directors holding more stock and accumulating and this is perhaps why the share price is not in the teens (who knows). Not enough of a reason for me to sell out or not to have a well founded expectation that this company has the potential to give serious returns to shareholders.

It is always a punt with these juniors. Each of us simply has to take a view, based on our own criterion and act accordingly. Then see how the cards play out.