Couldn't agree more. When the market catches onto MKO and discovers its true value, people will be scrambling to get onboard. Recent days will have seen day traders taking advantage of the ridiculously cheap buys in MKO, and once they're out we should see a climb on the way to the next set of results due in the coming weeks.
Reading up on James Searle, the recent drill results, the register and their accounts, tell me that this company is significantly undervalued.
As the market pulls away from the more volatile plays, this stock will be like light to flies. It tore me up inside not to be able to free up funds and buy on the lows yesterday, however in the medium to long term those movements will be insignificant.
MKO Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held
