15+ cents down to I think 9.8 on the bounce is over 33% loss if...

15+ cents down to I think 9.8 on the bounce is over 33% loss if you bought at the top. It has done it before and may do it again to 5c. 

will it happen tomorrow? Hmmm, probably not
Has it happened before? Yes, 2018 if Im not wrong
could it happen? Yes there is a chance. 

should you prepare for that, yes.

Is this a great project? Yes

should I keep an eye on it? Yes

Are there bigger fundamentals that can affect it ? Yes

Should I pay attention to those? Yes

Im not advocating panic just realism. Its business of course and emotion should play no part in decisions.