MAT 2.56% 4.0¢ matsa resources limited

Bon Jour funklaroon. I would have thought my comments wouldneed...

  1. 48 Posts.
    Bon Jour funklaroon. I would have thought my comments would
    need no explanation. However.... "my better informed
    associates" are friends who study and invest readily in the
    stockmarket. (I admit to having little knowledge).
    When I said that "they believe the stock is substantially
    undervalued" I understood them to mean that the value of
    the company's assets are not reflected in the current share
    price. It is not necessarily reliant on drilling - it is
    already undervalued.
    Finally, if you do not believe that the share price is going to rise then why do you continue to hold stock?
 
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