Here's a stab at why noone is buyingAustralia is full of people...

Here's a stab at why noone is buying

Australia is full of people up to their eyeballs in with mortgages, rising electricity bills so there isn't much spare cash. The ones with money are busy either digging things out of the ground and spending the money on gadgets, trips to bali and thailand, buying houses or busy working out finance numbers with fat bonuses at the end of the year and spending the money on expensive recreation drugs, expensive suits and cars. Put them all together and they probably think graphene is one of the smurfs.

USA and Europe are two that usually fatten the ASX. Neither have much spare cash (most of it is probably in garbage bags buried in backyards in Sicily and Naples) and it's probably difficult to get loans to invest money. In addition the AUD is at record highs against both. No matter how cheap and good value the AUS stocks are there's no money to buy them with. PLUS commodity stocks are volatile. Not much to tempt people.

On top of all this SER management and MEGA are not giving anyone who has the cash a very good reason to buy. There are plenty of reasons but they aren't being communicated well.

So we would see more on the buy side if there was clear trusted information on the true value of the current deal. The AUD were weaker against USD and EURO and the Italian mafias decided that investing in Oz will give them good returns.

One day maybe...IMO