MAT 0.00% 2.6¢ matsa resources limited

John 435 I agree with your assessment of the management of...

  1. 48 Posts.
    John 435 I agree with your assessment of the management of Matsa. My first purchase of Matsa shares was in 2008 just
    after Mr Poli and his team took over. The shares were 1.5c
    and after the 1:5 split they cost me 7.5c
    Over the journey my average cost has been 12.7c and although
    the price has got into the mid 50c range at odd times I have
    not sold any. I have great faith in the management and believe that there is still plenty of upside.
    So looking at my year investment as at today - the market
    cap has gone from virtually bugger all to nearly $50m and
    my shares have gone from 12.7c to 36c
    Matsa has also gone from being a "one trick pony" to having
    some very exciting projects in a number of promising locations.
    No complaints here either. If Mr Poli and his team are happy
    to keep making me money then let them go for it!
 
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