Certainly looks like stop losses have been hit. I am assuming the market makers here have done it on purpose.
Just remember that we can run up just as hard and quickly as we are dropping down now.
I was worried how the market didn't respond after the 4C and expressed my worries here, because there is no reason why with a showing of revenue and Akida 1500 been tapered out that we should go lower, but we did.
Some big boys I am sure are scooping shares and there is no way they will take mine. I managed to scrape a little more to put a buy order in.
Looks like support at 50 cents will hold for now ( if that breaks, sheeezzz) but just remember that this dump is designed to panic and disrupt us retail holders. In my opinion, the narrative that our company is not using the ASX's comms and that is why our SP is dropping may or may not be true, but we have strong fundamentals. Simply, the less retail holders we have and the more instos we have, the more we all have to keep on extending our time horizons to have the share price in a 'comfort' zone as instos don't care about the price in the short/medium term. I do think dividends will be possible one day and that is my goal.
I am going to go for a walk.