MGK 0.00% 0.8¢ mil resources limited

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  1. 1,547 Posts.
    mgk roy, the only reason im still looking and of late buying is , i brought back in the days before the share splits ,company has changed direction a few times since then but the smartest thing they did was share split when they did.have not forgotten that move . hsbc might just be buying to avg down from those days when it was 1.70 so .002 would knock the avg down .but it could be worse they could just sell and walk away and of all companies i can think of they could do it and not lose sleep . plus in all those years of sometimes buying and selling now seems to be the best time for mgk .not many shares on offer is the key at this point .and i feel there going about the sovereign risk well.hsbc i hope feels the same
 
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Currently unlisted public company.

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