MGO 0.00% 14.0¢ marengo mining limited

mgo: a better value proposition than sfr, page-52

  1. 1,212 Posts.
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    This does not look like a pump and dump to me. This has the hallmark of a classic redistribution of shares prior to the lid coming off and the northward progession of the SP. I think the block at 32c was in place to narrow the range of transfer. I envisage an announcement shortly coinciding with the removal of the 32c cap, followed by a re rating of the SP. Thats my opinion only btw and based on nothing other than my limited experience.

    Cheers,

    I hold MGO
 
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