MZN marindi metals limited

What is the problem with MZN?, page-2

  1. 7,854 Posts.
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    two words - MARKET MEMORY

    the market is very very harsh on failures (like MUS) or mis-adventures like MZN's Nov 2016 debacle with KDR... KDR had a small bump in their sp but then they just went on to become a bigger and stronger company while MZN just went down the gurgler ...

    for MZN to recover from this, they need to post some company changing results - something that shows that they are on the path of discovering + commercializing that discovery... until that happens every little rally will be sold into...

    it is almost 18 months now since Nov 2016 so we are almost there - one good announcement and we may see a break from this punishment... but as I said, the news has to be pretty good one to bring punters in for the long haul...
 
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