TSXV:MRS.H - Post by User
Comment by
Ciaoon Dec 07, 2021 11:50am
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Post# 34206565
RE:RE:Frankfurt Stock Exchange
RE:RE:Frankfurt Stock ExchangePerhaps some more tax loss selling or momo players getting out.
On a fundamental basis, if the market believed shares were worth .27 (at open last week) and mores on the news, then it may trade around .27 at a low point. It becomes more of an undervalued situation at .5X P/S especially if more visibitity on rev improves which is what this initial contract gave.
13X2413 wrote: Hard to believe this is going down to pre contract announcement levels. Not what I expected and/or hoped for. No traction whatsoever.