MCC macarthur coal limited

further bids of between $16 and $20 expected, page-21

  1. 251 Posts.
    Yep, that was a shakeout and a few stops would have gone off. I don't mind those type of shakeouts, and as you said PP it will ditch a few week hands,.. May need a little bigger shakeout though as the volumes have been huge recently and there are still alot of new player just on board and very nervous about haveing bought at the top, + there may also be a few players out there like me, who may be keen to put some money in the bank after some good gains...

    Anyway, a good shakeout is always good to remove the weak and bring some power to the table for the next run.. and i hope that run is north

    good luck all
 
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