Yeh same boat got in at 40c after the higher uptake and now lost 25% on paper.
Banks are always looking for new technological advances and ways to fleece customers and MNW have the hardware to read the security chips in mastercard and visa cards which is why the aus market has been hard to crack into. Its a matter of time IMO but will not be suprised if we have to wait 6 months give or take.
MNW is still flying under the radar a bit in my opinion and the days the share price has moved down have been off lowish volume. Still though, some of the trades going through have been bigger then the average joe investors. Maybe some tree shaking.
im pretty happy to sit and wait this one out.
MNW Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held
