The higher price probably facilitates a bigger drop off if that is the trend? I don't know. Seems to have been the case with MPO. 55.5c = 11.1c in the old language! Long way off the high of 34c, or was it 32c?
A bit disapointing really. Looks like it will take a while to get back up there, and I guess that is why people have exited.
How much further down could people see it going? I'm waiting to get back in at some stage. Got out at 19c or 20c from memory, felt like I was selling them far too cheapily at the time. Not so now!
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held