The report was favourable, however, the share price has been in a downward trend moving from .04 cents to .02 cents in less than a month - a significant drop. It is likely to hover around the .02cent range until the pro rata non-renounceable entitlement issue @.02 cents is completed on the 16 August. I've been waiting to purchase some of this stock as I see real upside potential, however, I'll wait until early next week to see whether there's any more downside to try and buy at a bargain. .02 cents looks an attractive proposition, but like any investr, I'm greedily awaiting any further downside, altough as we all know endeavouring to time the market is a fluke, so I'll probably just plunge in based on the fundamentals and not worry about the absolute entry price. I aimed to purchase at .024 so I've already ensured I'll be able to purchase more for my dollar. I feel holders will be rewarded in time, and >.04 shouldn't be far away again.
Add to My Watchlist
What is My Watchlist?
