Australia's largest stock trading and investment forum Australia's #1 stock forum

MAT

Click for more information

7.69%

2.8¢ matsa resources limited

if you understood the game you would not be surprised at all to...

First 25 Last

Share
Profile

Follow
ASXcowboy

6,204 Posts.

515

09/08/21

16:48

Post #: 55147643
Share

Originally posted by zarzoore ↑

When POG drops.. Matsa SP drops
When the market goes south. Matsa goes south..
when PoG or the market goes up, Matsa goes down.
Good announcement, MAT still goes down.
the downward trend has been relentless after the latest CR at 8c.. for no substantial reason..
As I posted before, I think a major shareholder is pushing the price down day by day, on behalf of a third party .
From 8c to 5.9c in few weeks..where is this going to end. 4c. Or 2c,..... Punters like myself keep buying to average down ...but we are unable to push back a big boy...who usually is a trading bank or a broking house..
the only ones capable of pushing up SP are the sophisticated investors who thought 8c was a good deal and poured $3 mil into Matsa s kitty.

Expand

if you understood the game you would not be surprised at all to see it here. Point the finger at your sophs in on the CR and the traders that got left holding the bag on the pre CR pump on nothing.

On paper the CR participants are only down circa 10% FYI

Last edited by ASXcowboy: 09/08/21

MAT Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

AI stocks: What to expect in 2024-25

There are more pages in this discussion • 4 more messages in this thread...

First 25 Last

Add MAT (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change 0.002(7.69%)		Mkt cap ! $15.41M

Open	High	Low	Value	Volume
2.7¢	2.8¢	2.5¢	$12.20K	450.5K

Buyers (Bids)

No.	Vol.	Price($)
3	306770	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	188526	1

View Market Depth

No.	Vol.	Price($)
1	104896	0.028
3	306770	0.025
2	49000	0.024
1	40000	0.023
2	430000	0.022

Price($)	Vol.	No.
0.028	188526	1
0.029	179100	1
0.030	227699	4
0.031	9874	1
0.032	225000	2

Last trade - 16.10pm 16/07/2024 (20 minute delay)

MAT (ASX) Chart