MYL 0.00% 70.0¢ mallee resources limited

My take is that this is a catalyst for the start of a large...

  1. 77 Posts.
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    My take is that this is a catalyst for the start of a large market retraction . Travel and trade will take a while to recover. GFC took 1 to 2 years to fully unwind.
    5 years time this will be talked about as the last crash and those that were 'brave' will profit.
    I also just bought more myl lately and think I will see more unrealised losses. Theres a key word in that last sentence.
    MYLs assets wont disappear like a dot.com domain.
    My concern is that for all this selling there is a big buyer and that they will be in a great position to buy this as cheap asset.
    I have another buy order in but a way down.
    Just an opinion. DYOR and good luck
 
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