IPT

When a stock makes a good announcement, it is rather puzzling when the market ignores it or worse still, sends its share price down.  You wonder why the existing investors are bailing out.

http://www.proactiveinvestors.com.au/companies/news/167393/impact-minerals-swells-footprint-in-lachlan-fold-belt-167393.html

I had been making a big loss out of it but because it has been making encouraging noise, I had been reluctant to jettison our holding in it.  In fact, after the recent good finding, I topped up to average down my buy price.  I hope my strategy will be rewarding; i.e. buying on good news when the investors are selling.