It has undoubtedly been one heck of a psychological...

It has undoubtedly been one heck of a psychological rollercoaster for the shareholders. I am pretty sure all the seasoned investors/traders have long sold their positions and all you have left is hopeless bagholders and amateurs who are trying to rationalise their positions with vague gut feelings. There never were any fundamentals to this stock and even the most naive holder must be wondering now if this thing is merely a cash cow for a handful of individuals buying properties in Sydney.

That said, I wouldn't exclude the possibility of a final blow-off top in the markets and a small nudge up for NVX. IF (and that's a big IF here) this scenario was to materialise, current holders need to really consider their options.