MRX 0.00% 0.7¢ matrix metals limited

Often, an ssp will produce a short term slump in the price....

  1. 5,428 Posts.
    lightbulb Created with Sketch. 75
    Often, an ssp will produce a short term slump in the price. Let's face it. The supply of shares has gone up, and the demand, particularly from loyal shareholders will have dropped. After all, those of us who participated will have just forked out for more shares and most of us probably don't want any more right now.

    As MRX spends our money on effectively doubling copper production, I expect the share price will go back up. If copper prices hold or better still improve, then we can expect a positive response from the MRX price over the medium term.

    Now as ever, is the time for patience. Short term sellers today may be losers in six months time.
 
watchlist Created with Sketch. Add MRX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.