Looks pretty ugly. When the markets get scared, explorers without a resource, or tech specs with no income, seem to get hammered the most. Without some sort of foundation, market sell-offs punish the speculative juniors with no fundamentals. I think the reason they get sold off is the buy side simply drys up and there’s no bids. If someone is desperate to get out because of fear, they just hit the sell at market button and shazam – a stock tanks. Lesson learnt during the GFC.
