It is going to take a while for the price to consolidate, just observe the volume & trend.

Let's wait until it is closer to 0.55 or lower then only consider this counter. They can maintain high profit margin in previous financial years mainly due to their non-returnable policy and tax exemption advantage.

Expecting this company to face strong challenges in maintaining its earnings in the coming 6 mths due to facility expansion and high start up cost. However, they are expanding their product range at a fast pace, maybe that will drive the revenue up and cushion the impact of increased operating cost.