they say the first few years on trading you learn a hell of a lot and i learned the hard way with MAK. This was toted an $80 stock by people back in 08. had about 100m shares with a project that as going by there preso's had an capex of approx 10million, with bugger all opex.
Prices of RP soared, i sat on the side lines and thought wow look at this go, finally did enough due diligence jumped on as prices kept rising then boom the crash. yeah i didnt have a stop loss, remember this was the company that was plugging a billion dollar revenue a year, ill just hold on it will be right, remember the food riots, the worlds got to eat. Surely RP cant keep falling, hold on it cant be that low surely.
Anyway you get my drift finally sold out always been on the sidelines watching though, i dont think there isn't too much i don't know about MAK, just ask my wife, family, friends and Neville nobodies who i all sprouted MAK greatness too, mind you to my wife's now unpleasant disbelief.
Had many an email convo with AD and Deano, was actually having friday night email convos with Deano quite regularly about MAK. And yes they both read HC often, Dean especially. (Hi Dean) Nothing against them personally, i still believe this stock would amongst many others would have been many multiples of its record high if it wasn't for the GFC (Great Financial Constriction). But them the breaks. Win some lose some.
My take on MAK's health currently isn't good ref its flag ship. I may be wrong and when trading halt is over the bickies will either fly or dive. Good luck to those that still hold and believe in them, i don't currently, might see me posting that im back in when there are under 10c.
I'm onto the next BIG MAK....................
harry out
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.44M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $12.12K | 1.010M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 594315 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 1700000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 594315 | 0.012 |
12 | 3660283 | 0.011 |
5 | 4245002 | 0.010 |
7 | 4617722 | 0.009 |
7 | 2117999 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1700000 | 5 |
0.014 | 3023982 | 9 |
0.015 | 3024172 | 10 |
0.016 | 11160352 | 15 |
0.017 | 2816529 | 7 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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AEV (ASX) Chart |