MGT 14.0% 27.0¢ magnetite mines limited.

Ann: Magnetite Mines Signs MoU With Flinders Ports, page-45

  1. 1,514 Posts.
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    @KiiDaka

    We may have our differences, but we are all here because we see value in the company.

    Everyone has a different perspective and financial conditions. Some have invested little, while others have invested larger sums. Some have taken limited risk with their investment while others have taken greater risk. Therefore, everyone should make the decision based on his or her financial situation, expectation, appetite for risk.

    I am glad you are still holding.

    With how much I invested, I couldn't continue to hold it at these levels. I sold it around 84c and will definitely buy back when I think it has hit the bottom or is ready to rebound.

    But for now, I sitting on the fence.

    I critcised the consolidation move while I was holding it and I continue to do so. Because to me it did not make any sense.

    While mgmt can't control the SP, their actions have the greatest impact on the SP. The buck stops with the mgmt.

    No matter how much noise you and I make here, we can't budge the SP.

    But one blunder from the mgmt can send the SP crashing down.


    Last edited by Gollada: 17/03/23
 
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