Don't think the sellers are the investors from the November capital raising. That was exclusively for institutions and sophisticated investors. What we have seen in recent weeks are nervous rats and mice nibbling away on low volume turnover and a broader environment of general weakness surrounding speculative stocks with uncertain revenue (a function of the broader market being down from January highs)... Nothing has changed operationally for GEV and the agenda is advancing. Most critically the process with ABS is now underway. .. And as for the current share price ; its all about the transference of wealth from the impatient to the patient ..
on a lighter note ...
As I have previously suggested, Bruham loves a metaphor ..
** odds for Bruham to stop quoting my reference to "the jockey" and pick up on "rats and mice"
$ 1.92 Yes
$ 1.92 N0
(its a miserly market yes but hey, gotta keep a percentage for myself)
GEV Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held