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  1. #1411
    Legend Balance's Avatar
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    84c - 20% up for those brave enough to buy off Devon at 70c.

    Missing out on ATM in a big way is bad enough but Devon seems to be compounding their woes by building up their stake in MPG at higher prices and then, selling MPG at the lowest of prices?


    Becoming quite the contrarian fund manager to follow! They buy, you sell and when they sell, you buy!

    Used to be Fisher Funds.

  2. #1412
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Balance View Post
    84c - 20% up for those brave enough to buy off Devon at 70c.

    Missing out on ATM in a big way is bad enough but Devon seems to be compounding their woes by building up their stake in MPG at higher prices and then, selling MPG at the lowest of prices?


    Becoming quite the contrarian fund manager to follow! They buy, you sell and when they sell, you buy!

    Used to be Fisher Funds.
    Good eh mate.

    Surely it’s not Forbar whose put the rocket under the share price.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1413
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    Or the 10% yield on the way!

  4. #1414
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    Just about 2.5 cents to touch the 100MA and may be heading towards a golden cross... Jeez what an unbelievable turnaround a "buy" recommendation can make... I have to admit..was doubling down and catching some "sharp" falling knives...

  5. #1415
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    Quote Originally Posted by carrom74 View Post
    Just about 2.5 cents to touch the 100MA and may be heading towards a golden cross... Jeez what an unbelievable turnaround a "buy" recommendation can make... I have to admit..was doubling down and catching some "sharp" falling knives...
    yeah quite a nice bounce, glad i bought a few after they updated the market. More than makes up for the loss i took from being stopped out in December.

    Interested to see what the outlook in the FY report is, and if the CEO hunt has progressed.

  6. #1416
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    I ended up chickening out on this one and invested my divvy proceeds in some more OCA ... hope it was a good choice

  7. #1417
    Speedy Az winner69's Avatar
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    Quote Originally Posted by hogie View Post
    I ended up chickening out on this one and invested my divvy proceeds in some more OCA ... hope it was a good choice
    Six months they were both $1.02

    I reckon MPG will win this race

    https://www.sharetrader.co.nz/showth...&highlight=Oca
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #1418
    Speedy Az winner69's Avatar
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    FNZC downgrade MPG from an Outperfom to Neutral

    Wow

    http://www.sharechat.co.nz/article/0...ding-cyclehtml
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #1419
    percy
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    Wow indeed.
    Not nice for shareholders.

  10. #1420
    ShareTrader Legend Beagle's Avatar
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    They're just as underwhelmed as most of us on here...probably read some of our comments on this thread lol
    Yes another listing from recent years that promised growth and delivered nothing, add to the others that made lots of promises of growth like Evolve and Tegal.
    Got a really small haircut from this mutt but thankfully managed to avoid the other two who's "dressing old mutton up as spring lamb" was a little more obvious.
    Last edited by Beagle; 08-05-2018 at 06:41 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

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