i tried to buy on open at the day of the big announcement but was trumped by a big buyer
that a 4 cent placement announcement was made on the same day made me decided not to chase it
however, it reaching 13 was disappointing for me
that said, if i had bought at 6 cents that morning, i definitely would have sold
you should have sold that day and bought back cheaper
anything over 8 cents was insanity to hold
if MRF was currently worth more than 8 cents, they would not have placed 25M shares at 4 cents
it was always going to fall back to around 5 cents
this is plain science of share trading
it is not me that is trying to catch snow flakes
but it is you that looked a gift horse in the mouth