Thanks to all MRM posters for making an interesting forum.
Here's my thoughts.
I am comfortable with the management of the company and I think they give adequate updates to changes in their operating environment.
In relation to the current market, sure, Jaya was purchased at a premium. (hindsight is a wonderful thing)
Another thing that gives me confidence to maintain holding my shares, is the fact that Argo Investments (to my knowledge) still hold 13.8 million shares. They are long term holders and are astute operators and have a finger on the markets pulse. They do sell when a company's prospects look really negative.
I've bought at $1.62 - .71 - .56 - .24. ave of .78 and happy to continue holding.
Do your own research.
Cheers
Riv
Thanks to all MRM posters for making an interesting forum....
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Last
$2.69 |
Change
0.010(0.37%) |
Mkt cap ! $1.019B | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.70 | $2.68 | $20.99M | 7.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4462477 | $2.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 695913 | 14 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| MRM (ASX) Chart |