Sandfire can shove their 37 cents... They is a huge discount to any fair valuation anyone with sense could put on MOD. Even pre DFS and with the current macro climate.
I think there is a little fear that Trump/China issues could ease soon, copper could start to move up, and MOD returns to a fair valuation.
Getting in early is great. Low balling the crap out of us is almost insulting.
Come back above 60c at least and you might have some ears..
Most long term holders are probably averaged above 37 cents anyway with the reasonably low volume traded since we went below that..
All this has done is put some attention on to us which is much appreciated!!
i'm flicking my sentiment over to a buy.. Raising at 30c, even with dilution, 22c is a bottom for me.
MOD Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held