MMR 0.00% 0.4¢ mec resources limited

I hold.I am not impressed. It is ridiculous.Anyone who wants to...

  1. 8,606 Posts.
    I hold.

    I am not impressed. It is ridiculous.

    Anyone who wants to say that my earlier theory about some force orchestrating volumes for the benefit of the (then) pending is the SPP needs to take a look at how MMRs trade volume changed....pre, during and post SPP for that matter (in a way that orchestrated this price drop).

    In an act of what i see as false martyring, we get a message days later that Breeze has millions of shares and options combined which are at almost 200% in the money as profit - as they were issues for approx 20cents region.
    The message was - he has skin in too.
    But its not the same skin as the shareholders who bought at 30, 40, 50, 60, 70 and 83cents.

    - Noteably, his 'skin' is thicker than the average shareholders and there are no flies on a breezy back.

    There is next to no volume now, even though the share is far more attrractive now than it ever was at 80, 70, 60, 50, 40 cents, by comparison to stages mentioned above.


    I suspect that some fundamanetal direction is required before the share finally turns toward a growth curve.
    Namely, an annoncement regarding rigs, drilling, Browse Basin or Sydney or the like.

    I guess that like myself now need to envisage the eventual outcome of the very fundamentls we already have in place.

    "Fear is based on soemthing that has already happened to you" something the Dalai Lama enlightened us on in his own words.

    L
 
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