I wonder what the sophisticated investors were told when they bought shares at 8 c, or 5 cents???? They would have been provided information that caused them to have the opinion that it was a good investment.
None of us likes where our share price sits , the market is the market. Is it fairly valued? The market has determined uits our value for now. Considering the overseas selloff, we did not get sold down yet. Will the $3 million in fresh equity cause a sell down, we will know fairly soon.
The company must have things in the background happening so as to keep the ASX happy.
If Wellfully get the products in the market place it will do very well, and so will shareholders. Not a time to sell any shares, unless you think it will go belly up
Those who dont mind risk , and buy a few more to bring down average values , may do well. Not 1 of us know , in 12 months we could be happy shareholders or more bitter than many are at the moment.
Each to their own investing style
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