After a strong and relatively stable float the air came out quickly...
there is never any certainty around newly listed companies but i am sure alot of people who brought pre listing and soon after are feeling a little sour now.
Under the Radar crew wrote a very convincing article and one would believe they knew what they were talking about when praising this stock and putting it on their + list.
After the share price floating around the $1.20-$1.30 it came down like a deck of cards, I really believe that due to the lack of knowledge about the company and since it is so new on the scene people oversold and would expect now that this stock with some figures behind it rise back up to the $1 + figures where it should be sitting. I am sure a lot of people will be shy to get back in for a while.
IMHO cheap stock and plenty of potential here.
- Forums
- ASX - By Stock
- MRG
- Future of MRG
Future of MRG
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm