Great post, thanks @Seth Rollins. I'm a long-term holder too, though I rarely post.
Unfortunately, this is a stock you need to put away and forget about. The day-to-day movements don’t reflect the company’s progress at all—it’s a toy stock for bigger players on the ASX, manipulated on tiny volumes. Sadly, we’ve got a particular big holder from the previous raise that’s really not helping with that.
Having said that, the company is making positive progress, and as Seth’s chart shows, we’re heading in the right direction, though slower than many hoped. Watching daily price swings will only lead to frustration and emotional decisions to sell at a loss, just to see it rebound later when sales pick up over the coming years.I’m not selling at these prices, and I’ll check back in at each Quarterly, but otherwise, I’m ignoring the daily noise.
Just my two cents for anyone struggling to remember why they bought in the first place (there seem to be a few posts from people like that).
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