MRX 0.00% 0.7¢ matrix metals limited

overpromising management, page-4

  1. 1,043 Posts.
    Eyes Coffee, I think Arexevan was right.

    Friday closed 11.5c
    Monday announcement of delay
    Monday closed 10.5c

    I work that out to be an 8% drop in the SP as stated by Arexevan. Granted the price has not fallen further Tuesday as Arexevan thought it might. I guess there is still time.

    I too hold this stock and can't say I am overly pleased, no shareholder would be. I also think cdchi1 makes a good point in his post that you have to look at the reasons for the delay.

    I am sure this stock will come good. There won't be any Christmas bonus but maybe we will get some cash to plat two up with by ANZAC day.


    Chinkiat
 
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