MMX 0.00% 4.7¢ murchison metals ltd

murchison looks to put up 'for sale' sign, page-24

  1. 54 Posts.
    PP

    It seems you are letting emotion influence your posts on this forum.

    The company is in a media "lockdown" to try to prevent media speculation clouding the real issues at hand. Several journalists and broking houses have had opinions and have made assumptions. Some of them pretty "far out".

    I am guessing many "Mums and Dads" have sold out to the emotions created by the journalists etc. All of those shares have been gleefully taken up and the SP is fairly stable at present. This is not good for day traders and short sellers. They like volitility to make a profit.

    The chairman in his letter to shareholders has given the best indication that the board is trying to do what is best for the company and the shareholders.

    The next few weeks should see some indication of direction and opportunities not previously made public. I don't know which way things will pan out but the present SP should be the floor price of any new directions. I am hoping when these directions are made public all will benefit fairly.

    All shareholders should DYOR.


 
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