daytrading march 26 afternoon, page-15

MRF simply way too cheap at mid 2c

I reckon the 2.5c raising is done to compensate for those insiders sophs who paid 20c into the recap raising only 3 months ago, also include management themselves

effectively lower their avg

assuming most of them insiders hold tight after rights

potentially a bit of selling pressure from the retail punters who got in today & yesterday, the only days MRF was ever talked about here

I reckon the selling pressure after rights issue could be rather manageable.

and key newsflow coming in Apr, start of drilling