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$1.79 mogul games group ltd

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adamdouglas555666

237 Posts.

5

02/03/18

14:06

Post #: 31482373
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Originally posted by Sparktastic ↑

Glad to be out of this stock to be honest.

Held for a while thinking it was going to be a good medium term proposition..

But the megre dividend, falling sp and ongoing management costs had me bailing out. Revisiting this now, I'm glad I got out when I did.

This stock is too heavily invested in the US market for me. The same market that is due for a 20% or more correction. Afaic, I'd rather keep my $s in the Aussie market. It's not quite so frothy here and hopefully, when the big hit does come, we won't be seeing the same percentage drops.

Anyway, that's just my feeling on the subject

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Too heavily invested ? Did you read the holdings disclosure ? They are holding 22% cash.

MGG Price at posting: $1.52 Sentiment: Buy Disclosure: Held
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