MRX 0.00% 0.7¢ matrix metals limited

re: fall continues Its called market sentiment.The small cap...

  1. BSA
    587 Posts.
    re: fall continues Its called market sentiment.
    The small cap resource stocks have been flogged mercilessly with metal prices falling, China booming economy worries and world economic outlook uncertain(again) so sentiment is not good and will take time to return, its a matter of which stocks will get a re rating, many went Northward on a wing and a prayer caught up in the over exuberance.
    If it is going to head North again I would expect MRX to stablise around current levels for some time before/if moving off again.

    Cheers
 
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