The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Not sure why we are a getting so obsessed with the price as if we are day traders
Like all shares the price goes up and down, I only monitor my portfolio when news comes out, not on an hourly basis
Hold for Gold, no matter what share you are invested in
"look at the chart of mgc for the last 5 years on asx and you will see that the sp has been between 5c and 7cents."
I held in that period, I recall it being 3 to 4c predominantly, dropping under 2c even.... but what you said sounds better.
Agree with you hms, wish what you say comes true. LOL :)
Yes I’m sure, it’s just that the 24% Fibonacci had already been broken quite easily last week; hence the next Fibonacci based 52p
But all this is just kids play stuff really because there is almost ziltch volume. That will only come when the institutions start taking an interest and right now they’re not even looking in until things are firmly consolidated during summer
It’s just a small bunch of retail investors playing just now
Guys, look at the chart of mgc for the last 5 years on asx and you will see that the sp has been between 5c and 7cents. How will you convince these shareholders that things have changed that new investors come onboard. It's not easy that's why the resistance. I think the breakout should come from lse investors and that will come with something really impressing results and that's going to take time. It's like once bitten twice shy. So, unless they are convinced that the company has made a real progress, no new investor will jump in. That will take a few months to prove and then we will see an uptrend in sp. Happy to wait but not going anywhere.
Smartic, Wish you were my financial advisor before I bought in. I could have bought more shares than I own. I know it's a long term hold and ready to wait. Cheers.
Hms687, There are lot more resistances before reaching 5.2
Vagabond
92.6% accuracy on this unit so far
3.3p to 3.8p good buy opportunity
Good luck to you
I still fear a bit of resistance upward of 5.2p now it’s bottoming. Get past 5.2 and we’re looking at 9p
Just could do with that catalyst update to shoot
PS ; I really had a brilliant brilliant day on my MAST launch today
Well I topped up with another load today.
Got my buy price to just under 3.8
So let's not let it go any lower, upward and onward from now please
Smartic-midas, you are spot on as far as sp prediction is concerned. Could hire you to make some quick buck. Not easy to time to market for me. :)
Expecting news tommorow from newly appointed MP aussie govt task force regarding regulations on cannabis products.
Smartic absolutely....topup opportunity, but feel news will come out sooner than later..imo
Think this will touch 3.3p support level and build back to 3.7-3.9p by Friday
News awaiting