how long can the red last? well there are many people out there that have never known a world of inflation+rising interest rates+ decreasing asset valuations oh and a recession. not the "doom and gloomers" are right but that in itself is a stupid saying. what about all the sunshine and rainbow morons that spruiked people into shares as if the roses would always bloom, are they not just as stupid? yes i know "markets over time will always go up" but this is the now and people have less than before real or not.
as i said never has MEL held up after a share issue, not a record any company would want but we still hold these things. MEL did diddly squat effectively when the market was powering along and has done a little dance down from what we all know is its basic, market accepted level of 2.5-2.6 cents.
anyway keep buying if you have the money, most are tapped out i would imagine.
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