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27/06/21
10:08
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Originally posted by ragingboom:
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We are rising on heavier volumes and declining on featherweight volumes. CXM does have a low level of liquidity - especially given the amount of the company owned by Chrisp and associates. The next step up is imminent. Rock phosphate is gaining significant momentum. The pressure is rising and the tech companies are circling. MNB is one such case. How MNB is valued at 90% more than CXM is challenging to understand. Should be a fresh and welcoming start to the new financial year. Would like to hear more from Mencel and Chrisp. They are keeping their cards close to their chests.
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This is correct. The money flow index suggests that there is money entering the stock despite price declines.