Clearly one of the Top 20 has decided to exit with 4m going through this am and 2.9m for sale.
For us "loyal" shareholders clearly this is extremly disappointing. Though with a share price of .5c or .4c the market cap is becoming a joke. Generally company with market caps of this level suggest the business is going broke. Personally I can not see that ... Should we be listening to Mr Market.
We all agree that the lack of communication is less than desireable (In discussions with the company over the past 9 months it is clear that they do not want to beat the drum with empty promises similar to the day of Ian May), however a happy medium exists ... this is not it.
I do however consider there to me more upside from current levels, than downside.
If any large shareholders want to sell out, post your email address and I'll contact you as I' a willing buyer at .3c for up to 20m shares.
D: I hold
Cheers
Clever1
WRR Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held