Hi BB
it is indeed strange that the market "doesn't like" MHM.
there was a lot or maybe too much hype back in October when the newspaper promised a Smelter for Tassies NW and therefore dragged MHM in the spotlight....
this company is earning money and it will be shown in the next quarterly how much of that will be profit. I expect it to be less than anticipated because of the implemented changes to the process which were/are made to streamline the process and increase profitability.
I trust this management because it delivered as promised so far (with a tiny, little doubt about the delay although it has been well explained why...)
I'm sure the market will wake up, hopefully sooner than later, as all the doubts and "false expectations", which are certainly still hanging in the air, are to be proven wrong.
and as wealth888 stated...
MY OPINION ONLY......I have stock. (plenty)
PS
what's the sectors average PE ratio?
Hi BBit is indeed strange that the market "doesn't like"...
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