There'd be plenty who see this as way way oversold but the problem is, when new lows continue to be established, where do new entrants give it a shot?
I'm in no way sticking the boots in here and feel very sad for the long term believers and think it's a massive buy around these levels but the risk of being steamrolled here is horrendous.
Outsiders have little choice but to wait for a successful floor re-testing and without said re-test, the all time low of 14 cents has to be considered.
I truly hope this turns for you lot......Good luck.
Buy, buy, buy......Just know when!
IVA Price at posting:
28.0¢ Sentiment: Buy Disclosure: Not Held