MNE 5.26% 3.6¢ metallum limited

looking good again this morning, page-65

  1. 748 Posts.
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    looks like some 'buy the rumor, sell the fact' trading going on.

    I always have concerns about a company that has had a meteoric rise, followed by a similarly meteoric fall from grace (i.e. the run up to 20c then falling back to 2c), as I think a lot of traders are willing to lock in smaller profits so they don't get caught out.

    Makes the rise in price harder to achieve.

    That being said, the ann today was fantastic. economic at grades of about 2.5%, plans ongoing and all funded!
 
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