Yesterday on Lateline Business, Marcus was talking about nickel price referring to analysts who say that nickel is in its bottom price and will be soon corrected. He also mentioned MRE ridiculous low share price (71% down even nickel went down 30%). He suggested buying resources.
The seller at $1.800 is probably a capper who wants his client to accumulate MRE shares lower that $1.800. I also wouldn’t worry so much if people didn’t sell their shares. Soon MRE re-bounce
Take care NJ
MRE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held