Agree with you, makattack, and its understandable that some holders are not quite happy with the SP decrease.
Nevertheless, the deal with Indians is quite promising in a longer term, and this is a great news for those who are happy to stay with their shares for more than 5 min. After this ann the value of this stock has NOT decreased, its just most of the investors have had higher expectations, and we all know, the sell off based on emotions often happens after the announcements.
Another factor that may have contributed is that a few traders used an advantage of the expected rise to take a quick profit, what resulted in the temporary selling.
Another factor is that the market is not exciting, and is in a deep red at the moment, therefore most of the shares are affected, incl MAK.
Hopefully, the data from US will come out positive, and once this temporary MAK selling is over we may see the SP going up again.
AEV Price at posting:
40.3¢ Sentiment: Buy Disclosure: Held
