MAY 0.00% 3.5¢ melbana energy limited

Ann: Block 9 Drilling Permitting Update, page-8

  1. 9,665 Posts.
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    Yeh been playing on my mind a bit over the last couple of weeks in particular (although it's been going on for a couple of months now).....it's odd, if there was someone trying to unwind a decent position you tend to see those little buys to keep the sp popping up to the ask and create a bit of a positive feel to the sp, rather than the little sells we've seen keeping a lid on any positive movements....there's been a concerted effort to drive the sp down imo, just look at the 88 bucks worth to knock it back down to 0.010 after close this arvo killing any potential positive sentiment.....it's been going on for months now.....in particular the "seller" for 1,000,000 every morning who i suspect was also the buyer for the 999,999 a pip lower, day in day out to create a negative start to the trading day, although that has dried up recently as his work seems to be done and now just letting the negative sentiment that's been orchestrated unfold......oh well tis the game and if you got the funds creates an opportunity imo...
 
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