Mate.. get a grip... how has it taken a massive hit? The drop...

Mate.. get a grip... how has it taken a massive hit? The drop was based on 28000 shares changing hands or $4k. If it was 50 trades and say $500k then I would be concerend. this is just most likely an impatient investor or 2 bailing. Nothing to be concerned about. Take a look at the sellers queue at the moment.. it is 17c..

If you do not like a swing of 10% in small stocks, then move your cash to the blue chips which generally only deviate by a few %.

Sit back think long term and wait for the next quarterly and then make your judgement. I personally think it will be better than what many may think. Cash flow will take a hit (due to Blue reef acquisition), but likey sales will be better than forecast.