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Great post Rokewa Well said in every respect

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Merchant2000

20,118 Posts.

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20/10/16

21:14

Post #: 20012879
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Originally posted by Rokewa ↑

Hey Longshot
Cannot believe you still think that the cause of a languishing share price is due to manipulation designed for accumulation. We are 15 percent below the CR price and near on 30 percent off the price at the time of the results release. Timespan now10 weeks. Too dramatic IMO.
That last set of results is clearly being interpreted differently by the market versus your upbeat view on the Company. Every week that passes, my conviction on MBE declines. Yes, we see huge corrections on shares on the ASX. They are normally accompanied with bad news and/or serious headwinds for a particular Company. I remain convinced that anticipated additional funding requirements are at the core of investor concern. Another CR would place MBE firmly back into High Risk category with all the negativity associated with further dilution.
Looking at the past may not be a reliable indicator of the future !
Rokewa

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Great post Rokewa
Well said in every respect

MBE Price at posting: 26.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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