MNE 5.26% 3.6¢ metallum limited

MNE - Mill Allotment Update, page-12

  1. 2,559 Posts.
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    I dont think averaging down is a good strategy with this stock. More we buy, some one is happy to keep selling. May be stop buying, will slow the drop. We gain time towards announcement of a good result. If drops further, even with good news, we are further away from our averages. When and if with good news it gets up, will still be away from a decent average. Just my thoughts. It appears lot are sitting with lousy lemon MNE, just like me.
 
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