My .005 cents worth lol.
imo Suda is curently in a way better position then when previous litigation issues hovered now resolved, no deals etc etc, cashflow questionable. Since, the company has secured some big name partner deals and flagged upcoming lucrative pending deals, granted patents europe, uk etc improved cashflow but share price has dropped to historical lows, makes no sense so why?
Imo the ASX has way too many mum /dad investors, high frequency & bot trading, pip traders, fast cash traders and shorters literally turning most small cap stocks into appearing totally valueless regardless of what is developing, products available where peers have nothing available that can provide considerable upside yet so powers on for a time creating a false value then falls back. Guarantee most of the above type of investors would not be that profitable in their endeavours.
The majority are not factoring holding as short,medium or longer term investment. If no money can be made almost instantly get our urgently even if a loss has to be taken because there is always another winner to jump on. Add the volatility of markets globally to assist with this mentality and that is the reason why we are here. Disgruntled holders etc. Nothing but casino mentality really. The majority are now conditioned to the above style of investing when entering a small cap stock. Heard mentality prevails. The pattern is so in your face and a factual force that during any given time when nothing puts a rocket under the share price no other investing action could be expected.
I don’t think management are to blame in anyway for the above as it is outside of their control. The bio tech sector takes years and years to develop with failure imeninent at any point in time. Time frames sre impossible in this sector. However not if you have product ready for market big big key here that is being totally dismissed and not seen as anything of significance with the heard.
However for those astute investors that can recognise all the above, go against the heard mentality, understand what the heard can not see and invest at current unbelievable gifted sp levels imo will see gains that defy logic.
Look at the register a few astute are increasing in a big way! Not part of the heard mentality and super patient for matters to play out and come to fruition. The 20/80 rule makes complete sense here.
Amazingly this has played out a number of times during my investing years. Cant believe the number of times a .005, 2c or 2oc stock will attract massive buying volume at 10-20 times current price. Then to hear posters angry that they sold out at all time lows after holding on for what appears an eternity.
Scrutinise Suda’s current position carefully imo, don’t dimiss, don’t be overcome with heard mentality as it truly does mess with us, does our head in as we see with long term disgruntled holders, we all can fall prey to it so pay full attention,don’t be rattled and you won’t be if you are part of the 20% and not the 80% crew.
Just my two bobs worth fellow investors. Thanks for considering the above.
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