MRX 0.00% 0.7¢ matrix metals limited

annmnt/share price., page-2

  1. 2,909 Posts.
    Technically I'm pretty confident here Domum.

    Proof will be, as I see it a retest of $0.15 over next few days, and then, when placement hits market around May 7 an intraday low of $0.125.


    Assuming institutional investors are not interested in a 1 cent profit, it will only be a few $5000 lots trying to make a stag.


    I think it is then that the big volume buyers will provide the necessary support - as we saw the day the whole thing was announced
 
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