This upcoming trading week will be an important one for MRX as Martis has stated. A good finish in the US on Friday and copper up at 3.58 US per pound won't hurt sentiment either.
The volumes were very light last week with the auto seller pushing it down half a cent on average. A few got sucked into selling at 14c and a few more at 14.5c. I had been trying to get a 100k at 14c but my buy order was not filled. One thing for sure I will be buying another 100k on Monday before the Q results are released.
For anyone not sure about investing in MRX read the recently released annual report. It contains a summary of the top line numbers we will see in the Q report.
The market cap on this one is truely undervalued based on future profit estimates.
The market is not always logical,but eventually true value is recognised, and I say don't look a gift horse in the mouth.
MRX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
