This sell off is very overdone IMHOWhen the Sept Qtly came out,...

This sell off is very overdone IMHO

When the Sept Qtly came out, the share price dropped from the 95c - $1 range down to 74c ish over the 3 months till the latest Qtly was released. A 25% drop I think mainly because sales for the Sept Q dropped from $6.6m to $6.3m despite a good increase in GWh under management (whatever that means) This was the 1st time sales had actually dropped in the history of the company.

The company maintained it's guidance of $44m for the fiscal year despite the 1st 2 Q's cahflows of $6.6m & $6.3m. I don't think the market believed the $44m figure and it certainly wasn't factored into the share price - hence the 25% share price drop. In the Dec Q, sales increased to $6.8m with no mention of GWh, guidance was reduced from $44m to a still very respectable $32m. Yet the share price took a 20% hit yesterday and a further 10% today. 

In my opinion these lower figures were already factored into the share price, so this current 30% drop is very much an over reaction.

I topped up at 59c, I think it's a bargain, time will tell I suppose.