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I think it's purely based on the current conditions of the stock market. We have had 3 decent down days in a row. Stocks then generally get pushed down.
In addition, the downward movement is also likely compounded by nervous retail investors selling, locking in profits, thinking there is a major correction in the markets happening soon. I'm not fully convinced yet.
I am still holding.
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FYI, The gap on CQM at 1.15cents is closed now, so 1.15/share is a pretty good support here, that's if the markets don't go free falling from here.
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