Yes, you have been correct. I underestimated the selling pressure. However, it seems to me that the downward pressure has been engineered. I think it is worth holding. Expected return from holding should be much higher than the expected risk. There is a reasonable probability that a dairy deal would occur in the future. If that happens, 20 cents will be the lower bound for the share price.
1AG Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held