That's right. It retraced there once, as expected, and we all had our opportunity to get back in.
If it just keeps running then that's fine, plenty of other stocks to get into, or will wait for more newsflow and maybe be prepared to pay a higher price if the company becomes more de-risked, e.g. depending on the terms, I'd likely be happy to pay more than 6c for MRF if they secured an offtake agreement for a reasonable quantity of graphene.
MRF Price at posting:
6.3¢ Sentiment: None Disclosure: Not Held