MNS 0.00% 4.2¢ magnis energy technologies ltd

selling the vision - i'm confident, page-19

  1. 591 Posts.
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    There can't be any announcement until they recommence drilling... at least 1 month...But I'm confident the price will go up soon.

    This is just the quick profiteers trying to make a quick buck selling. According to a recent announcement over 60% of the UNX shares are owned by large groups and no announcements have been made in regards to change of ownership. Lets assume that of the remaining 40% of shares half are long term investors and half are short term. This means that only 20% of the total shares are now dictating the share price. Thus it's not a true reflection of the shares value.

    As for me I'm viewing this as a golden opportunity to stock up. In the long run these share seem very undervalued.
 
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