MKL 3.70% 5.2¢ mighty kingdom limited

This was overpriced. The sell pressure was too high to support...

  1. 1,586 Posts.
    lightbulb Created with Sketch. 386
    This was overpriced.

    The sell pressure was too high to support so I had to cut a minor loss and will consider coming back in if fundamentals improve.

    All the upside has been priced in here at the IPO valuation it seems.. so they will need to pull some rabbits out of the hat to get this running. Maybe start with a strong revenue story first
 
watchlist Created with Sketch. Add MKL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.