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16/09/20
17:40
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Originally posted by GoldenBalls
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The selling, on such low volume, would most likely be the Day Traders from last Wednesday. Buying into the spike without the patience or funds to hold Short Term and seeing a quick profit turn to a loss. There are a lot of "25,000" orders in the sell queue from someone who maybe holds Long Term, and are putting the downward scare tactics pressure on to accumulate more.
Games are always annoying in this end of town, but there is so much to like about this stock.
Holding tight, it's in the right area of business at the moment and wont take long for news and a re-rate!
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Well the market cap has only gone down since my first post here:
https://hotcopper.com.au/posts/47274134/single
Fundamentals are the same, but now only ~35m AUD market cap. So an even bigger value dislocation.