MSP 0.00% 2.9¢ maxsec group limited

Ann: Appendix 4C - quarterly, page-6

  1. 3,654 Posts.
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    Gday Herm, hows things?, Cant really add a whole lot really other than the TA comments on a potential move that's setting up here in the next couple of weeks (In my eyes (see above post). been in this since just before the previous spike up so just holding on to a reasonable size free carry position until it gives me a reason to sell (something negative) or I see a LT technical exit sig and will bail with the any subsequent liquidity event. FA wise I am sure you will get a response from @heraclitus if still holding, he's been around on this for the same amount of time. They were hinting at an acquisition in previous annc early stages of the previous retrace but nothing ever materialised. Recent anns. of private placement and their recent investor presentation are still on my current pile of unread reading material so appols I have no comment on either. The way this thing trades thou is like being in a coma, happy days when the volume and positive news arrives, but you seriously could just die just waiting to get your dough out at a reasonable price if you were ever in a hurry. So not really one I would recommend to be trying to trade but more of a set and forget position based on Longer term FA( if it floats your boat) that one day may just do better than the return you would get from the same money just sitting in a bank account. You just never know it may do nothing, it may go to 20c and then some more, one thing for sure is we will be the last to know. Apparently pretty cluey register based on historical performance, only time will tell I guess.
    Last edited by pilsner: 31/01/16
 
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