MJP 0.00% 0.8¢ martin aircraft company limited

No, not at the moment, all the action gone for now, just day...

  1. 152 Posts.
    No, not at the moment, all the action gone for now, just day traders picking each others pockets, with the inevitable result, slowly eroding.

    Half way through the initial offering, when plenty had already lumped in at 40c, the Chinese offer arrived and changed the game. Net result was that at the original 40 it was over subscribed, and others were prepared to go 60c on the open.

    This attracted the usual interest of day traders, like flies round the proverbial, who were not really savvy to what was going on, and the frenzy began, greed driving greed. Some made money, far more lost, ....and then it was over.

    This will probably settle down to a more realistic price, until there are some serious buyers or sellers. Free carry for me now.
 
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