AUL 0.00% 28.5¢ austar gold limited

mnm prospects, page-61

  1. 449 Posts.
    I'm loving the banter that is going on here - and appreciate the time you put into the posts vertigo.

    I'm still holding but I give up working out what the SP will do tomorrow or the day after - it is too draining. I'm now looking more at where it will be next month or the month after.

    Besides the GFC it seems the other reason this stock has sold down so much since 2008 is the QLD court case. If this is so then a possible loss and associated court costs have already been factored in to the share price. The downside could be minimal and upside huge!

    If anyone has any other suggestions as to why the SP is only 10% of the 2008 level then I'd love to hear it.

    I like the way the options have held up pretty well despite the heads drifting down today. This makes me feel I'm not the only one anticipating the MNM share price to climb higher over the next few months.
 
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