Been watching this one for a while.
On the charts its showing a sell with MACD breaking down and could go $2-2.10 before turning.
The thing is its super cheap at the moment.Currently trading on a forward pe of around 6 and a divvy of 9% for 2005 uf.
Im inclined to buy some here and put them in the bottom drawer and let the traders have their fun until the true value eventually shows itself in the stock price.
Mcr is another one id be keeping an eye on at these prices.
- Forums
- ASX - By Stock
- MRE
- to buy or not to buy
to buy or not to buy
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online