It could very well be stop loss selling after the break down of support levels at 0.076, so I certainly wouldn't be publishing a stop loss (keep it in your head and get out when it's hit), i.e it's like a red flag to a bull putting in a stop loss. In addition as you eluded to, traders are potentially booking in a loss for EOFY to make up for gains in other stocks. The last report is all I need, not sure why he's a complete failure when he's done what he set out to do and then some, ATR manufacturing contract, reining in costs, cashflow positive etc etc.
All to their own of course and all the best.
Cheers....
Rubber band, page-7
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19.5¢ |
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Mkt cap ! $16.13M | |||
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