MOE 1.76% $5.21 moelis australia limited

why the fall?, page-3

  1. 223 Posts.
    Word of dispute between Moto and OKIMO is the reason behind the poor sp performance of late.. (please read recent posts). Their resource upgrade (which was far better than I expected this month) and strengthening gold price would have boosted the share price well beyond $2 IMO if there was not this talk of dispute. Possibly some profit taking and people being wary of the election coming up may also have contributed to sp performance. Fingers crossed the so-called dispute is sorted out and the elections run well. If so I believe there is plenty of upside.
    The above is my opinion, please do your own research...
 
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