Proga
Regular
The timing and structure of the last 4c was unfortunate. It created a lot of uncertainty. People need to remember everyone aren't true believers like we are in here. We're only a small micro system of shareholders with our own investment strategies. Don't let your thinking on what happens in the real world get trapped inside the TSE bubble.We might be at crossed purposes. Lumpy revenue was predicted. A rational shareholder seized of all the facts knew this, knew the general market conditions knew all the progress being made across all the other fronts and did not panic.
Those who panicked and sold out because of the 4C were operating under the same disability as those who sold out of Berkshire Hathaway and Amazon.
The disability is failure to understand the business marking them ripe for manipulation.
It is a chicken and egg scenario. The failure to DYOR for these former shareholders came first then the manipulation based on the 4C.
A shareholder who had DYOR did not sell out because they could not be manipulated by fear about the 4C.
So I agree with you it was a catalyst (kitchen pipe burst so back to finish) but a catalyst will remain inert until it is placed in an environment where it has something to react with in this test tube it was the failure to DYOR.
My opinion only DYOR
FF
AKIDA BALLISTA
Extended evaluations, decreased budgets, delayed introduction of new technology, these conditions have created a headwind in the CEO statement followed by the next paragraph under "Financial Update" US$24.6m in cash compared to US$28.4m in prior quarter, receipts from customers of US$0.1m a decrease of US$1.1m from Q2-22 only reinforced the CEO statement in a lot of investors minds creating a lot of uncertainty.
Unsurprisingly, the large drop in share price reflected the uncertainty. I've been patiently waiting for this opportunity unsure it would ever eventuate. I'll be buying again today for the 3rd day in a row.