MXG multiplex group

NickyjamesI hear you but don't lose faith if you're a long term...

  1. 1,331 Posts.
    Nickyjames

    I hear you but don't lose faith if you're a long term holder. My mother is a manager at NAB and their share price has gone from $26 to $32. According to her nothing about NAB has fundamentally changed over the past 12 months yet the share price has rallied. Talk and sackings have done wonders. Yet there is still much to do if NAB will regain its glory.

    My point here is some positive news about changes in management (new director of uk operations), funds buying in, consolidation of the business etc etc can sometime have strange pyschological effects on buyers and sellers. I'm not saying Multiplex is going to rally from here but occasionally you just don't know.

    SM69

 
watchlist Created with Sketch. Add MXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.