sellers
Price Volume Sellers
0.036 30,000 1
0.038 480,000 1
0.040 563,326 3
0.042 553,000 1
0.050 20,000 1
0.056 148,000 1
0.066 112,816 1
0.073 1,000,000 2
This is the MNM sell depth. I assume some of the sells between 3.8-4.2 are large holder who are participating in the SPP and need some cash. They may not need cash but they willing to sell a few at a good markup to the SPP because most holders will do anything to get their hands on the free oppies?
Anyways, my point.
Once the SPP is finished we will be approaching the exciting stages of ALDP, S7, GC drilling to start etc etc..
I hope/assume that one of the large holders will buy all the cheap shares and there is not much else for sale between 4 and 7 cents....Will the 1 million cap be removed?
Will MNM have a few 30% up days? IMO yes
Bring on June 1 and big boys, I hope you have your powder ready to help get the ball rolling together with some news from IK...
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