Dissapointing that the share price has not moved more upwards as one would have hoped.
Partly it could be the time of year when many are selling to lock in a loss/profit before the close of FY.
Despite this, I notice that in morning opening it is not unusual to see the SP being manipulated with higher buy orders beign cancelled at the last minutes before opening.
As announced, I hope that the management can pick up some good business opportunities with the $81 Million cash.
Little down side risk with this stock!
MOL Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Held