If you had bought at this mornings opening price of 0.002, and...

If you had bought at this mornings opening price of 0.002, and sold around late morning, you would have made a profit of 100% on your investment. Probably the only stock in the ASX you could have done that with this day. Doesn't sound to me like a company that's going down the drain, just the reverse.
A move to Qld. where it is great one day and better the next, to quote Sir Joh, (RIP) thank God, sounds like a great move for the Cat, which is far from rolling over just yet !!