If it cost you 10c to make the cookies, and you sell them at 8c, then there can not be a turnaround, unless the price of sugar reduces, or you charge more for your cookie.
However, it does not actually matter, we just keep going back to the cookie jar and topping up the cookie jar to keep producing at 10c and selling at 8c, as we get paid first, you see?
In fact, this can be continued for some time indeed, until that cookie jar gets to the point where we can't produce any more cookies at the same financially unviable volume, so we go back to YOU and ask for more cookie dough money and even defer our debts and obligations so that we are definitely paid for at least another 2 years (thats called the carrot).
As for "retail investor fear", they are the only muppets left holding this stock,thousands of them, as the insto have left, gone, so you are what one may call the next wave of dough to allow us to start producing those lovely cookies all over again.
Bet thats not in your Chem En textbook, however look under, "cookie cutter finance" it may be there somewhere.
Lastly 94% down means it still has 100% to fall from here, I know its little mind boggling, but true, so we may have 100% to gain.
Biscuit?
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