MAT 0.00% 2.6¢ matsa resources limited

Vraiment Jean-Pierre? Actually the market in MAT shows...

  1. 2,404 Posts.
    lightbulb Created with Sketch. 1279
    Vraiment Jean-Pierre?

    Actually the market in MAT shows absolutely no evidence of significant accumulation by anyone.

    Quite the reverse in fact: MAT has been in a solid 11 month downtrend since March 2013, and has fallen from 54c back then to 18c at today's close.

    The MAT share price has in fact progressively collapsed to 1/3 of its value of 11 months ago, and this downtrend is still very solidly in place: the share price has now halved from 36c to 18c in just the past 4 months.

    But as one who has only ever posted here on MAT, I am sure you are only to well aware of this.

    As a well-known broker used to say to me: "The market always knows!"





    (But do not act on anything I say. I am not a financial adviser and this is not financial advice)
 
watchlist Created with Sketch. Add MAT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.