Gleneagle, page-26

First 26 Last

Share
Profile

Follow
Brodieman123

851 Posts.

165

17/01/19

09:13

Post #: 37139377
Share

Originally posted by chuk ↑

On the 9th you had a buy sentiment and were telling us accumulation was occurring and an announcement was pending. There was an announcement and then selling on the news so the accumulation was clearly short term traders hoping to make a quick buck. You told us the next day that you sold and the stock was a dog going to $2. I’m not sure that gives you the credibility to accuse Goblin of ramping.
Perhaps you thought the news was that bad that you changed your sentiment from buy at near $4 to sell at $3. Either that or you had a buy sentiment while wanting to sell on the news and now you want to buy as low as possible. If the former and you’re not just down ramping now to buy back, can you explain why the trading update has changed your view so much? The way I see it, initial sales from Bricks and mortar were good and would have been much better if JB reordered well before Christmas when stock was running out in many stores instead of after New Year and with Europe confirmed for this first half calendar year, sales will get a big boost this financial year over and above Australia and NZ sales. Australian sales have shown nothing but compound growth quarter on quarter and much stronger growth in the latest quarter with bricks and mortar sales kicking in. How do you see it now?

Expand

markets spoken mate.

MWR Price at posting: $3.00 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 18 more messages in this thread...

First 26 Last

Add MWR (ASX) to my watchlist

Gleneagle, page-26

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News