AUL 0.00% 28.5¢ austar gold limited

Vertigo, you need to look at the market capitalisation....

  1. 11,213 Posts.
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    Vertigo, you need to look at the market capitalisation. Currently ESI is double that of MNM. They have 1.5 Billion shares, MNM has 242 million. Companies with 2 Billion or more shares tend to get the cold shoulder from investors.

    ESI has a 'nice' green name and the tech sounds enticing, but it would seem that it is overbought, even though my knowledge on that company is minimal, to say the least. Maybe they are being pumped for a capital raising, who knows...the value has gone haywire imo. Sorry I wasn't on board.

    MNM on the other hand is way under value since the Anna Bligh 'misunderstanding', which turned out to be meaningless.

    They say that psychology drives the markets, which is hardly a foundation for medium to long term investments. MNM will turn again, with good news.
 
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