Ann: Half Yearly Report and Accounts, page-12

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24/03/17

12:43

Post #: 23601492
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Originally posted by ricky99 ↑

The annual reports are clean its just the above treatment of R&D that has made it not line up perfectly. There is no manipulation of this stock, its just unloved at various times of the year. Its a cycle that you can track back since listing years ago. People get bored with no information, perceive a lack of growth (which is a valid point) and sell out. Then you get a half decent announcement, often with no real $ implications and the price shoots up.

Its the lack of depth in buy / sell that pushes it either way quickly on low volume. There is only 8.5m shares of which top 20 hold 45%. It only takes somebody wanting to unload 10k on the wrong day to drive it down a decent %.

I've been a supporter for a long time and hold a reasonable portion, and go to the AGM when I can, and even I am jaded by it as the R&D investment required seems to always chew up any decent profit..

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Its an Algo bot in work which creates people getting fed up and sell. Just my opinion, nothing is certain I just base it on my many years of experience. This could be a larger holder selling out with no conspiracy attached. 90% sure its a trader playing games. This selling has gone on for weeks with the similar pattern.

We will know if MWR suddenly starts getting bought up consistently over a few weeks to prove my view.

MWR Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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Last 2.5¢		Change -0.002(7.41%)		Mkt cap ! $11.92M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.5¢	$2.309K	91.56K

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Ann: Half Yearly Report and Accounts, page-12

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