Anyone holding this stock for 3 months have seen the share price...

Anyone holding this stock for 3 months have seen the share price fall from north of $2 to 19c. Being told that you may see 60c and that the value of MGX is around $1.29 probably has them a little upset. If they're major holders they probably can't exit quick enough because the wait for $1.29 may be a long one. Two choices! Average down or bail! By the looks of the share price most have chosen to bail especially when you see every other stock (except RIO) rising and this one falls 15%. If she doesn't rise after 30 december (assuming all resolutions passed) then there is something seriously wrong! Not sure we will get to 60c in the near future but would expect a rally up to resistance at 50c maybe! Just looking at GBG's underwriting at 65c and the shares are trading at 45c so expect MGX to trade at a discount but not as large as GBG.