MRX 0.00% 0.7¢ matrix metals limited

bottom?

  1. 2,909 Posts.
    G'day,

    Thought we may have seen a double bottom at $0.125 today, may still will.

    $0.125 is significant. Top trade from previous high cycle a couple of years ago, 38% retrace from high of $0.17 to low of $0.033, and 50% retrace from $0.17 to $0.081

    Directors definately could have priced placement higher. Obviously keen to keep small share holders happy by including them.



    All the best
 
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