Nursery, my patience certainly has not been rewarded. It reached 28 cents when they announced some of their original energy contracts but those promising days are over as they have failed to deliver growth year after year.
This company is so stale but I am counting on (hoping for) a rebound to allow directors (and me) to offload.
It sat out the entire 2009 market rally and is again sitting near GFC lows. However it is a cyclical stock that has shown its ability to reach 18 cents during a drilling campaign.
One more P&D is all I ask.
MOS Price at posting:
8.8¢ Sentiment: None Disclosure: Held