Seller is me, I have held over 1.3m shares, I am selling down to reallocate funds and take my 10-15% loss. I still think the company will do well, but 1.3m shares is too much to have in this company given the tight shareregister and other opportunities out there.
Agreed, harvest updatea may help, but ultimately this stock needs buyers and given small float and bad trading liquidity it may take a while before any intuitions pop in. I agree this should be a $2 stock, but sometimes valuations don't matter when the liquidity is this bad.
Goodluck
PB
- Forums
- ASX - By Stock
- season update
Seller is me, I have held over 1.3m shares, I am selling down to...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)