MNE 5.26% 3.6¢ metallum limited

Hi Barbrady,I use barcharts and just put in the indicators I...

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    Hi Barbrady,

    I use barcharts and just put in the indicators I find that helps point me in the right direction.

    Charts can be very subjective and I tend to use them as confirmation of where the trend is going and go with he flow so to speak.

    Volume is a real indicator for me. As far as MNE is concerned where theres smoke theres normally a fire somewhere and it certainly looks like there are some smoke signals there.

    Fundamentals sure look good also and it seems that if you abide by the saying "follow the money" then this looks great for a sustained run up from here.

    If a 10mill market cap is considered "cheap"what would the market cap be to be considered fair value? I think 20-30 mill could easily be justified if everything trundles along according to plan.

    So 6-10c share price could be an easy rerate price.

    Hope so anyway. MNEOB look exceptional value and I declare I have a few already.

    Good luck
 
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