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20.5¢ minotaur exploration ltd

Ann: ADN: Takeover Bid - Notice of Status of Conditions, page-46

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10,623 Posts.

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23/04/22

10:45

Post #: 60983800
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Originally posted by tully7 ↑

There is a trend at the moment which took place around this time last year.

Traders are targeting stocks around the 300M SOI and under with very low MC.

Preferably under 100M SOI.

There have been multiple in the past month and at least half a dozen the past week with +50% and a few over 100%.

I run a screen on one of my platforms with rules that sift these out.

DMR may hit the radar when it lists as some IPO's are targeted.

It's a dangerous game but has been a very profitable week for those trading same. Not so for those throwing the pill on the wheel.

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With quality partners and heaps of cash in the bank I would expect a strong demand in the first week.
5 day vwap in play post IPO,,, Just hope its not capped !!!!!

MEP Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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