MFE
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0.00% 1.0¢ magnetite mines limited

Westaussie, it does look cheap on paper. However, IMHO market...

  1. micky78
    2,689 Posts.
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    01/12/13
    23:52
    Post #: 12643824
    Westaussie, it does look cheap on paper. However, IMHO market does not believe any exploration companies. I can give you a list of super cheap stocks if you like, but market thinks boom is going flat not burst ie if you are not a developer market does not believe you. Some are so cheap eg 6 billion tonnes of coal for $10m, another company $50b net present value for $30m.
    MFE Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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