morning traders 31 / 01, page-221

  1. 7,395 Posts.
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    yeh well MYQ reminds me of BAU at 30 cents i think it was years ago when bauxite was a fad lol, a chinese cornerstone investor came in at 50 cents, but at only about 10 or 20% of scrip so the new market cap was therefore only about 34cents equivalent so all the afternoon buyers at 40+ cents lost dough, and the screw down to 12 cents later hurt even more. oh i still get sucked in when its reworded or hidden, luckily dont punt huge $$ on specs.
    therefore calculate the new MYQ m.cap and divide by number of shares to get your fair price... then quickly sell lol.
 
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