MOY repeatedly struggles to maintain any SP bounce which is a bit frustrating. Looks good to go and then whimpers off, retraces its good work.
Suspect many don't believe the longer term prospects and simply punt the recurring good news on a very short term basis and outlook.
Needs time to prove up all the good news stories its been dishing up over the last year but surely it must be close to leaving that uncertainty in its tracks.
26c at the end of February was starting to feel pretty comfortable but to be back at 20c in a short space of time is a tad disappointing. Enjoyed 42c even more back in August 2016 so to more than halve those dizzy heights to now is a solid let down but I remain a believer and hopefully the next 12-24 months proves up those beliefs beyond any doubt.
MOY Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held