MHL 0.00% 0.3¢ monitor energy limited

"But for a new investor, 0.2c must be tempting. Not a bargain....

  1. 588 Posts.
    lightbulb Created with Sketch. 1
    "But for a new investor, 0.2c must be tempting. Not a bargain. But tempting, if not long term, then atleast for a quick trade on the back of a new project."

    0.3c is really the entry price. With over half a billion in the queue for 0.2c, if you want to come in at that price you'll have to be really optimistic and really patient.

    I doubt the depth is going to lighten at that level, including after the CR. Not much point getting in at 0.2c only to sell at the same price.
 
watchlist Created with Sketch. Add MHL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.