This was todays market depth at close. Doesn't appear that the...

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groundhog2

2,135 Posts.

175

11/03/19

17:25

Post #: 37723523
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Originally posted by flaming: ↑

I have been watching this stock for sometime.
The company has an undisputed high reputation for being a Generational Wealth Destroyer.
(A 1Billion+ market cap to 83 million today)

There is just no interest from Australian public retail and large.
No one wants to own this company. Neither the Directors have any skin in the game.

If this stock can't move on a day like today........when it will???????
Almost all gold stocks are having the best day.
I think this is a too hard basket.

I have learned the hard way things which are undervalued remain undervalued for longer than anyone can imagine. I was thinking of a trade..........but the action is very depressing. So I am holding my buy.

This price action is not good.
Institution will not buy this stock. Retail holder would get out if they could.
And if any frustrated institution would want to get out......there will be no buyers.
Looks like given a chance all holders would sell....that is a very dangerous situation.

Good luck to all holders.....hope you all get out with your arm and leg intact.
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This was todays market depth at close. Doesn't appear that the numbers are stacking up to your comments that everyone wants to sell. Ive had a look at other gold companies. Many have had a significant recent fall - perhaps a bit of catchup with the recent bounce in gold price. DYOR

MML Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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