quote
Longtable chairman Tony Robinson said the company took into account the "quirky" psychology of the sharemarket and the reluctance of some retail investors to buy into stocks worth a few cents. The value of the company is still the same. "It's hard to get some retail people interested in a stock when it trades at those levels, as silly as that sounds".
"It's the emotional issues that drive some people to steer away from those few pennies. It's just a quirky part of the psychology of the market," Mr Robinson said on Thursday.End of quote
I wonder what he would say now the price was close to a $1. look at it now .78c what has happened to the retail investers?.
I think there needs more openness with existing share holders the ones that bought in at .025-.068 these werent small share holders but
proffesional people with deep pockets. ?? dyor
LON Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
