MUL multiemedia limited

All this talk about charts, patterns of the stock running hard...

  1. 217 Posts.
    All this talk about charts, patterns of the stock running hard for three days after a certain volume traded. Here are some hard figures. This company's market capitalisation at price of $0.04 is approx $60M - with ESTIMATED profit of approx $1.6 million....however the company predicts profit to be approx $12m in two years time. A lot can happen in two years - so those seeking to buy this stock as a value play, forget it - better value elsewhere. Or if you cannot keep your hnads off the buy button, you may want to buy once dust settles...and the price come back under 3 cents again..in the short term imho. Long term..wouldn't even touch it.
 
watchlist Created with Sketch. Add MUL (ASX) to my watchlist

Currently unlisted public company.

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