Former holder who averaged done with hopefully most of you over two years. But out now.
This is the required pain to move this company. For some completely unknown reason, 40 cents wasn't enough pain, 30 cents wasn't enough pain, 20 cents wasn't enough pain. And guess where we are now?
.13 cents.
I'm disappointed that MLX was getting talked up by holders AFTER the most recent announcement.
It is completely unforgivable.
No one knows what is happening at Nifty from a retail point of view and at .145 cents at a market cap of 131 million, the market decided to sell it down today to .13 cents. Last announcement was 15/11/2019. What's today's date? Oh that's right - 20/11/2019.
Oversold? Then why aren't the corporates buying??? Takeover?? Where from?
Bitter taste in some mouths tonight, however I have posted factual figures from Annual Reports, MLX ASX announcements and public quotes.
Long may the unwavering belief in the Nifty Reset Plan continue...
MLX Price at posting:
13.0¢ Sentiment: Sell Disclosure: Not Held
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