The tweet you posted is insulting .
The question is why is the large holder exiting in the middle of reporting when they very well know they could arrange a off market trade after the Half Yearly if mutually agreed or they could offload into volume which would be much better for the sp especially for the large holder exiting . The fact that , they are in such a rush to exit before the half yearly is released is worrying in itself, who knows how many more they have to offload.
The stock price has collapsed , this time last year the stock price was trading around 0.52 to 0.54 cents ( 2.7 cents before consolidation )
A year later the stock price is now trading 0.19 into the low 20's , which is around 1 cent before consolidation . In around the past month , the stock price has dropped around 50 % .
The other comment regarding , there is no reason for negative sentiment and that , they are doing better than ever , well that depends if you are a investor or cellmid employee .
For investors it has been beyond terrible , yet as mentioned previously , cellmid employees salaries have been raised around 33 % , yes indeed better than ever ! .
Expand
