MCT 11.4% 3.1¢ metalicity limited

MCT Chart., page-3

  1. 23,010 Posts.
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    With a quick squiz of the dko chart, my buy day would have been yesterday cutting a long story short, with a stop around 7.2c or so imo, first time ive looked at it so will have to do some reading first but purely chartwise it looks ok to me.
    I think the behaviour of TND's SP has been because of the upcoming 5c issue, as they will need the SP to have a vwap of over 5c to get a 5c issue away, as i understand it. imo. (my logic might be wrong), so im happy and have been happy to accumulate under 5c relatively recently, i should have sold a few off over 6c, but i stuffed it up and missed, (my pencil was not sharp) , still think its good value but right or wrong can only be judged by the market imo, not what i think or wish etc..
    Best Wishes
 
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Currently unlisted public company.

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