CFO 0.00% 1.9¢ cfoam limited

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  1. 362 Posts.
    You guys need to calm down before things go sideway. Don't hold with emotion, hold with patience. I totally understand that many bought in at 50-60cents range, so am I. As far as I can see panic selling(from mum and dad investors) has clearly created many new lows, but always in small volume. But remember 1 thing, top 20 is holding more than 60% now, so obviously register is tightening up. Plus, currently money is flowing back to big cap/blue chip, not to mention RBA has been hinting on increasing rate. At this critical moment, all I can say is hold tight, it doesn't necessary related to company performance when share price drop. It is just the flow of funds.

    Obviously, we will be anticipating the new quarterly soon, hopefully end of this month or so. i think @skyscraper99 can answer this better.
 
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