It seems today was a victim of a seller wanting to exit for whatever reason and very few buyers. That's always a problem with a small cap stock, the price is at the mercy of any significant buyer or seller. I can't see any other reason for the drop today as I believe the report was solid with the vagaries of the business well flagged. Over the medium term I expect this stock to significantly outperform and am happy to hold. Once a few more contracts are realised (and we have been told they are in the pipeline) then a re-rating to a $1.50+ is likely.
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It seems today was a victim of a seller wanting to exit for...
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