It all depends on sentiment and market trend.  So, it can happen to any stock. Anyway manage to grap some at .80

Short term is anyone guess.. 6mth or 12mth down the road when the financial year reporting is out..

Whether it is a growing business or sunset business, result will show.

Generally, investor are having high expectation for net profit on Midas. If not able to meet the expectation price is expect to fall. If midas able to grow its net profit beyond the investor expectation.. (Likely to shoot up again)

contract win from midas already more than double of last yr revenue. Now is waiting for it to deliver the result.. Whether midas can contain its overheads.. Historical midas got hit $1.80 before even without the contract win from the chinese goverment..

Vested.. should be buying to keep for another year if price start dropping further... Hope the short seller can profit (pls come out in full force) so that i can buy cheaper.. US please start to raise interest rate..

Midas has been trading between 0.80 to 0.90 for the last few months.

It has not moved up considerably despite recent announcments of its contract wins.

So seriously, what are the factors that will push it higher and not drop further given the current recovery uncertainties?

Tempted to buy at current price, but the market is so uncertain now. So afraid it will break below 0.78 after I buy sia. I am always so unlucky with Midas.

Haha. maybe I should steer clear of it so that it will not drop further.