Mmmmmmm.....?? Looks like I am talking to myself here. Can't figure why there is no one around discussing MND especially today with a large drop in price - obviously impacted by Woodside's decision not to proceed with Browse.
I am a new holder of MND. As a holder of (should I admit it here and probably never be taken seriously again??) a number of gold shares that have been, well, you know...GOLD...!! No need to spell out I'm sure. So thinking I should add to my limited holdings of conservative stocks I searched for a seemingly 'safe' and considerably undervalued Company in which to invest. It seems that there is no shortage of value 'experts' touting MND as fitting the bill.
Hence I jumped in, albeit ever so lightly, and joined the register....last week! Okay, it took a while but I was in the black last time I looked. Then whammo..!! Down she went!
So, I was hoping to find someone....anyone(!!) who could give some perspective of what is to be expected from MND moving forward. Obviously if they were expecting to get contracts from Woodside then this prospective future growth has to come out of the share price...which it has. Their forward book is very healthy. However, do others think that MND can move forward from here (SP) or is it likely to languish (or lag) till the next major project announcement?
Any thoughts greatly appreciated.
Cheers... Cazzex
MND Price at posting:
$22.00 Sentiment: Hold Disclosure: Not Held
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