$PPCH Hang tight here. Think about why the price is down. What is coming up? Who can profit? What is the timing? Seems pretty obvious to me. Shake the tree, hit some stop losses, others panic or short into the falling price. Experienced players can now buy the fear at a discount as can shorts in need of covering. Watch out for these shakes until beginning of next week. People are trying to get all they can before news hits. And as a second thought on today's news: Who are these investors? Some have placed doubt and others have been given confidence. Has it been mentioned that the investors could be in the know and somehow related to big pharma companies looking to buy out Propanc? If there is a buyout and it just so happens to be in the Sunday Times article, the debt here may be a drop in the bucket for someone to acquire and profit from. No one knows for sure, but this is my two cents.
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Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.