Looking at the chart, it definitely looks like its built a fairly solid base over the last 3-4 months around the mid $4 level and has now broken up through the 100 day MA.
NTA is just on $7 so it is very cheap and I have a lot of SUM already so I have taken a small nursery position in this one as the forward PE is only ~ 10 and the discount to NTA is so big. Probably regret it, (stop loss set at $4.35), but its just a small punt, lets see how we go.
PS I bought some more SUM today as well
Nursery and old folks home - good combo
I knew you couldn't resist the temptation - its been burning a hole in your pocket for so long
Get BlackPeter on board -that'll confirm MET as a real value play
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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