It makes you wonder why we keep jumping in thinking that as entitled shareholders we are offered some shares in the new issue with a marginal profit margin then to see that all evaporate one allotments are allocated. You see it time after time and swear never to be fooled again.If the shares were being dumped on large volumes then you would expect the price to go down.Once the company get their money they don't really care about the down side. When they are are attracting us to invest our hard earned they make it so appealing and the share price is much higher at that time who can resist. Have held since the IPO and participated in all the new capital raisings but if Melton , Waddikee and others disappoint then I will give this stock a wide berth and take my losses.
MOX Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held