It'll be a short term trend that won't be maintained until option expiry imo.
I expect that some positive news and an influx of 'other' investors not currently in MPO will take over and turn around the current down-trend.
MPO remains undervalued and presents a great investment opportunity.
When the turnaround kicks in is anyone's guess - it may even go further down next week. But one thing I think is very likely is that we will exceed the current sp before the option expiry date. I'm predicting around 20c by then.
- Forums
- ASX - By Stock
- MPO
- solid buying building
solid buying building, page-30
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)