Why has the stock fallen every day since the news broke.
Answer; Shareholders are obviously getting advice slowly and selling. They don't want to roll the dice as they are unsure of what interest they will end up with in the new Cayman Islands entity.
Pretty obvious that people are at the capitulation point where fear outweighs logic. They sell near the bottom although they could have got more than 100% more if they acted more quickly.
At least they are crystalizing a loss and getting some money back while this was more than a bad dream.
This is a classic case of too much exuberance and denial with not enough panic. Now there is only dismay and in some cases relief.
Watch This Space.
Why has the stock fallen every day since the news broke.Answer;...
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