Grab them at these prices if you can. Despite the bargain I'm already very very over weight so aren't adding to my position.
All share holders like to see the price going up. Larger long term holders eg top 20 aren't selling. There are lots of reasons why people sell, better opportunities, unexpected bills, stop losses, no patience, etc etc. And being illiquid, it doesn't take much volume to push the price down.
One thing about this stock, it's not valued on hype. In fact the market has put no value what so ever on it's 3 big projects. Which is fair enough. This is a new company with no track record. Personally I have no doubt, I keep in touch with the company & closely follow what is happening. I believe all 3 projects will go ahead & be a huge success, I also believe we only need one of these projects to come off, to be re rated. Pretty good odds IMHO.
January has almost gone, before we know it we'll be mid year by which time these projects will be in the final stages with no doubt at all about them becoming reality. We should get progress announcements along the way.
The patient will be rewarded,