If you held at the start of the month you're still up 100%...

If you held at the start of the month you're still up 100% (roughly) and that's after the company had an unexpected C/R. When the SP tripled that was my signal to exit - full intending to get back in. I took the price I was happy with and then watched another wave up into the 40's that had I still been holding was even more serious money.

The company almost had to raise at that point, it was nudging an almost 4x rise in the SP in barely a week, on no news.

The so called soph's and insto's are down nearly 25% just days after handing over the cash. They didnt become sophs or instos doing that, so take some comfort that the smart money are being squeezed right now, not the loyal holders.

This is a serious sentiment stock, it does barely anything on market news but runs hard on media speculation. And just as that sentiment draws in the buyers, when the tide turns they quickly exit as sellers having enjoyed the ride.

We're getting close to that high teens/early twenties level around 12 months ago where the trading range was pips here and there on the daily charts and I think that's where I start accumulating again.

Passing the hat around to do a C/R after they release numbers wasn't the right move, in my opinion, the way they have done this protected shareholders and this company is one I can say has done all things over the years with shareholders interests at heart to unlock the value here. It means when that announcement does fall, and assuming numbers are good, then they are almost shovel ready to really crack on to commercialisation.