Today I thought for sure Mermaid Marine Australia would breach $3.00
It started strongly with the share reaching a high of 2.96 However then for reasons that absolutely dumbfound me, the share dropped to as low as 2.80
This is a range of 16 cents for the day. End day trade brought the share price back to 2.85. More than 2 million shares traded between brokers in four or five blocks at 2.89
The manipulation continues
Certainly one of the more bizarre days of trading for MRM
MRM Price at posting:
$2.73 Sentiment: LT Buy Disclosure: Held