MMX 0.00% 4.7¢ murchison metals ltd

resistance smashed, page-34

  1. 2,243 Posts.
    b1212

    congrats. Took a week or two more but u were on the money.

    definately got me interested in IRN - i think thats ur pick starting with I

    seeing you seem to know something lets play with this.

    trading volumes have been large meaning someone is accumulating!

    We've seen over 10million shares traded in last week.

    Sino now a sub holder have to notify every 1% (i think).
    That is 4.1million.
    I would assume if we dont see an increase notice early next week then it wasn't them.

    Same goes for POSCO also must notify on 1% movement.

    So if its not either then who?

    MMX took a big & quick fall $2 maybe many coming back but the chomping would suggest someone bigger buying! Maybe a fund but hopefully someone else.

    I wonder if Mitsu maybe taking a dive. Currently don't hold direct MMX shares (that we know of)

    OPR starting to get going & crosslands running along fine. Mitsu have said they prefer to have more pull than 50%.

    They are also coming up to the bank feasability in a couple of months & they will have to kick in their final payment.
    Maybe this is going to be less than expected & are prepared to buy some MMX it self.

    Just an idea

    So who is buying? Sino/POSCO/Mitsu/unknown or Nasty's "EX" girlfriend


 
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