MRE 0.00% 87.0¢ minara resources limited

what's this huge volume, page-8

  1. 629 Posts.
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    if it is glencore selling then that is good news and bad news:

    good - open up the register a bit more, more chance of take-over premium going into the share price

    bad - why would they sell down unless they want out? if they want out, that is a lot of shares to sell, will put a ceiling on SP for a long time

    I suspect it is glencore buying in preparation for 100% ownership and delisting - have done a deal with an insto to buy their parcel, only other option with that many shares might be PJ himself - he has been there 10+ years so maybe he is pulling the pin and selling his shares to glencore

 
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