When looking at the SP you should also take into account broader factors, firstly, the ASX and AUD are in a downturn, most stocks are down over the last few months. Secondly, its coming up to the end of the year when many people are not thinking about having a punt on the stock market, many are selling to fund their holidays. Thirdly, there is a highly speculative and cautionary association with Australian tech services stocks give the recent events with BIG and GSW. There is not much appetite for stocks like ours following the fallout from those stocks.
Yes i am frustrated with the shareprice, but i wont be selling based on it as i have a long term holding. I have determined my selling strategy based on 12 month evaluation. In 12 months i will assess where the company and shareprice are and decide what to do at that time. The SP can drop to 10c between now and then i would still resist selling.
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