You have information. You read the ANNs. You read what the analysts have to say and their SP targets. You read the company's annual financial statements and quarterly reports. You see what happens when a CR takes place. You study the company day-and-night. You compare MAD to its peers. You believe in management.
This is an investment; not a punt.
The guys who trade in ASX300 & ASX200 will call it a punt. That's because they're not allowed to buy MAD. But based on the information I've been reading regarding Maverick...more discoveries and production increases will again re-rate the SP. That's not a punt. It's an investment...that is, taking up ownership in a company. Just in this case, it's a successful going concern.
FDM Price at posting:
$1.28 Sentiment: Buy Disclosure: Held
