MGV Chart and Technical Analysis, page-12

I disagree, fundamentally the company hasnt changed. The gold is still there, shallow exceptional grade, they have plenty of cash still for drilling out the analogues they've found. Mills close by, favourable metallurgy and excellent recovery rates.

Unrealistic expectation of RU and dsappointment in RU that everyone was desperate to have released catalysed the correction. Gold price dipping didnt help either. General market buoyed by unrealistic covid vaccine timeline.

Australia is pretty much back to normal regarding covid19 in comparison to Europe and North America where there's still lots of cases and restrictions.

Weak and nervous hands leaving. Iron hands who know what they have will hold on. In amidst the current hand wringing and doom and gloom (absolutely terrible for another stock i hold), I think some have lost patience and become disenchanted.

I saw this exact same thing play out at CHN.

lastly, does anyone have access to the latest broker data and care to post?