The thing with new investors is, how likely will they stay for the long haul? If they’re buying in at .20, if the share price goes to $1, will they grab their 5x gain and exit? Or take a low ball offer if someone attempts a hostile takeover? I’ve only been here since 2020, but I would imagine anyone who owned shares earlier and witnessed the shares rise to $10 and subsequently fall to .10, are not going to let go at $1.
It is better that long timers keep accumulating when the sp is low enough. I know many of us are tapped out, but I rather see the shares in the hands of long timers rather new investors.
Yes, it’s somewhat depressing to see this stock mired at a lower share price than what it should be. I think we have the right management. I believe they will reject any low ball offer. Got to have the faith.