This stock is still trading 50-60% higher than it was in December and nothing has changed - Bar PW leaving (which IMO, is no big loss)
It is not the company's fault nor the fault of any posters that quite plainly IDIOTs took hold of the stock and pumped it to the 30m+ MCAP highs based on a feeling of a deal in the winds....The good value in these acquisition stocks in the sub 15m MCAP range - the market took this to post acquisition levels and of course it wasnt going to stay there. It is almost like the P&D crews of the crypto worlds united on this stock... Then again FOMO will make any stock, touch and go... It is not the way to invest.
I for one still think something is in the winds - Nothing has suggested this isn't the case - Peter Wall isnt the be all, end all of project acquisitions - and I am more than happy to retain a reasonable parcel with no capital exposure... Scott's 54k buy, and a move to 50 Ord with Cygnet Cap - IOT cyber security co, well placed - Yeah... might have fallen from unsubstantiated highs but the ball is still in play IMO.
Patience required.
ZYB Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held