NGI 1.40% $1.77 navigator global investments limited

Has anyone thoughts or opinions on the slow but steady decline...

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    Has anyone thoughts or opinions on the slow but steady decline in the SP. It was over $3 (from memory) a bit over a year ago and has now dropped under two. Apart from management comments regarding times being difficult, I haven't read anything that would indicate the obvious pessimism about this stock as shown by its SP. In fact I am surprised that there hasn't been some bounce with the potential of the Aussie dollar to go lower.
 
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