given the recent interests on UNX LMB TON BUX VXL, & floor covering press coverage on graphite & China
MRF at 3m cap is getting pretty cheap for a new kid on the block graphite player
looks like the plot has been let SP suffer quite a bit while stuffing out the old ROB retailers
why give em higher SP to sell into when you know they d be selling at any price after relisting
and retailers are prob the last thing they'd care on the earth LOL. managed to stuff a few short term orientated sophisticated investors on the 20c raising too, I imagine.
overall pretty poor efforts & SP is prob around here reflecting legitimate poor sentiment on the stock.
but once the old are all out, I think it will surprise to the upside from this level.
of course newsflow better be managed so recovery is well underway before May/Jun, otherwise it could be a long & painful wait if stock has to bear through mid year volatility at current price.
MRF Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
