Well best wishes with it. In this game one person's coal is...

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croasian

2,211 Posts.

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07/12/16

21:01

Post #: 21180437
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Originally posted by danginvestor ↑

I recently missed out on LifeHealth Care. Placed an order for $1.71 when it was around $1.75, then got close to $1.73. Then the bloody annual report was released and there goes my potential 50% gain now.

There are many other examples, some I am not too painful about since I wasn't too sure.

Then there are those I bought and within a couple weeks it goes down 50%.

So lessons from those, MRM is one of those to back the truck up at these prices.

Sure it could go lower; possibly it might need a cap raising in H2 next year if it doesn't win any new contract. But as pointed out before, even if it does need a cap raising, it's still a bargain.

Disclaimers and all that to note... but yea, I loaded up twice two weeks ago; and if it get a lot more interesting, might offload one or two other holdings to consolidate into this baby.

Will try to put a proper rationale together later... else it seem like it's all guesswork when it's slightly a bit better than that

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Well best wishes with it.
In this game one person's coal is another's diamond. If you can counter my argument as posted, I will be keen as mustard.
Lots of things I didn't by that went up heaps, google, Apple. Heaps of things I don't know.
I don't kick myself but learn my lessons and those lessons are telling me I have to wait, this could be fantastic or it may not pull through I just don't know enough.
For anything I buy immediately falls by 50%, i think it may be the -1 law of thermodynamics or something but I never let it phase me much.

Last edited by croasian: 07/12/16

MRM Price at posting: 27.0¢ Sentiment: None Disclosure: Not Held
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Well best wishes with it. In this game one person's coal is...

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