It is oversold just let the shorts and FMR play it out20 Aug 2019 14:04
There is no doubt Mtro is way oversold, undervalued and trading at under 0.3 of NAV, just let the big boys play it out, it will turn and I have no doubt it will be very dramatic if we get a short squeeze.
are we close ? who know but we have fallen a huge amount in a very short period of time the market will correct itself eventually.
Mtro has been caught in a perfect storm and the market has been far to brutal with a combination of FMR and the shorting crowd piling on the pressure and everyone on tenderhooks when we reach the bottom as I think we have been down 95% of the last 100 trading days.
this cannot and will not continue because Mtro are growing, profitable and well funded. I am not saying they may not have problems going forward due to Brexit , interest rates, recession etc but to be valued at just over 450M is just ludicrous