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MTX you guys that held and sold,

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Not applicable
what were your original reasons for buying and were they shares or instalments?In your opinion what will it turn at.
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and i c there has already been 1mil+ moved today so there are those that think its time tio stock up?
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Super Contributor
or those that think that its time to sell. it works both ways!
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these days it feels like walking a fense,one side full of pitbulls about fifty and other side a hawain beach full of beautifull people and you do not know where u r going to land ,but u know you are def to fall.
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Super Contributor
fundamentally this is a good company. trading update should be out soon. Would it be wise to average down now? who else is still holding this share/?
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Contributor
I hold some MTX, so am feeling the pain of not having sold at R30. On the other hand, I think it's a basically good co, and will recover. Some recent uncertainty about whether a takeover will go through, but still seems good despite that. OMO
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Contributor
This is a good company with good prospects. I hold some and have used this opportunity to average down.
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Valued Contributor
it may well be a good co with good prospects. But that doesn't mean that it hasn't at times been way way expensive and as such may take a very long ime to get back to recent highs.
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Super Contributor
I bought MTX a couple of years ago for around 360. Am planning to hang on for a while - it was more of an investment I guess. Thats why I didnt sell at 30. I wanted a 10 bagger at least, and like Peter Lynch says you have to hang in there to get the 10 baggers.
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Contributor
I agree with you Simon in that regard. A lot of shares have been way way expensive and the market is offering an opportunity to pick those good counters that have been expensive. My time horizon is the long haul, and using this correction to look for value shares.
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