Hey @Veecat, mate I understand your concern.
Sometimes, some investors lighten their holdings a little which can help alleviate anxiety around whether or not their investment thesis was a wise decision. When the company does reach an inflection point there will be plenty of time to buy back in, as those that have sold usually do. I see this coy as being not dissimilar to another market leader in the healthcare space, but that will take years with plenty of avaricious buying and fearful selling. Look at PME or CSL or COH etc. Nothing goes up in a straight line.
Also don’t forget who we have on the board and who sunk a lot of his own coin into this coy too; both of them guns in this space.
No advice, just pointing out what some do to mitigate stress and sleep a little better at night.
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41.5¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
3 | 57438 | 41.0¢ |
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Price($) | Vol. | No. |
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44.0¢ | 7709 | 1 |
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3 | 63000 | 0.405 |
14 | 94222 | 0.400 |
2 | 46000 | 0.390 |
2 | 24973 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 7709 | 1 |
0.445 | 79258 | 2 |
0.450 | 32987 | 2 |
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