Take it as a lesson (a painful one, by the looks of the chart)...

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    Take it as a lesson (a painful one, by the looks of the chart) not to invest in small caps or microcaps unless you're very confident. If you do invest, make sure it's adding value. If not, get out.

    Small ASX stocks are mostly for trading and nothing more. In and out. The vast majority of ASX micros are fly-by-night operations. if you saw the headquarters and operations of the average microcap, you'd be stunned how crappy they are. Your average suburban cafe would be set up and run more professionally. Just because they're listed on the exchange means nothing. Tough lesson, but try to move on.
 
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