Settle your jets. Seems it whinge time again. Asx is ruled by momentum traders. Especially at the moment. Just look at Lovisa today. Got back to low $8 a month ago and then just kept sliding down on no news. A little bit of good news and its momentum has swung up quickly(20% today). Same with MWR. Some good sales numbers later in the year and early next year will have it shooting higher. UK back to school in September, Xmas sales for both UK and AUS and AUS back to school in Feb means by next March the numbers will be pretty good IMO. Yes you might have to wait that long (6-7 months). Shock, horror. It will be worth it though.
MWR Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
