MZI 0.00% 1.6¢ mzi resources ltd

bhp billiton sells rbm stake for $a1.8bn, page-11

  1. 7,219 Posts.
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    hi dlm696

    "Assault on 3c looks likely this week."

    accumulation tactics, including small orders late in the day to sell down SP suggest "someone" is trying to suck out as many shares under 3c before the next move.

    had a look through some companies on the ASX last night with mar caps around $40-50 million, wow, none of them have earned $23 million in revenue this year with more to come.
    amazing how some stocks are valued! recently voted in options at 4c for management should imho already be in the money.
 
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Currently unlisted public company.

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