the sp

If you had bought at this mornings opening price of 0.002, and sold around late morning, you would have made a profit of 100% on your investment. Probably the only stock in the ASX you could have done that with this day. Doesn't sound to me like a company that's going down the drain, just the reverse.
A move to Qld. where it is great one day and better the next, to quote Sir Joh, (RIP) thank God, sounds like a great move for the Cat, which is far from rolling over just yet !!