At times it is worth putting where we have come into perspective and not be emotionally swayed by all the moronic share holders that due to low liquidity cause havoc with the share price at times.
Last September 16th 2018. MWR came out with a great announcement about the expansion of Spacetalk into JBH and that orders had been received and that a significant back to school/advert campaign was underway. You would expect the stock to run, but no not MWR and its fickle "punters". As per the chart below the stock actually fell 23% from $3.42 to a low of $2.60 on October 23.
Well guess what this same phenomenon has just happened again. From announcing that Officeworks will now be selling spacetalk (huge given where they dominate in the back to school space), MWR has once again fallen exactly 23% to find a low also on October 23 and back to where all the large institutions took stock at.
Now if you were smart enough to see past all the noise when the stock fell to that low in October 23 2018, you would have captured a 93% return! We are now entering the biggest time for the stock in the Christmas and back to school period plus who knows whatever else they have in the works...
