I remember about this time last year a few posters shouting from the rooftops about this one. They were backing up the truck and buying this one in the 20-30 cent range. The trading turnover was respectable and I thought at 20 cents it was a good buy. Searle at the helm, a few tenements on the go. Bad call for me. Sold at about 10 cents. Zilch interest and even at 10 cents it was a hard one to sell due to liquidity.
I really thought I sold at the bottom at 10 cents...then afain I thought I was buying at the bottom back at 20 cents!!!!arrgghh well.....
I will have another look. Surely at 5 cents and a MC of next to nothing its worth a dabble. Not sure if anything company specific has changed since this time last year?
I will have a look soon but would be very cautious. The old once bitten....twice shy scenario!
MKO Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held