A bit quiet here lately. Accumulation phase still under way it seems, though a genuine re-rate regardless. MTH management would be steaming....happens in a few stocks...large holder sells off for whatever reason, in this case funds required, market absorbs, stock goes north.
125m shares on issue....small free float.....tiny m/cap....proven territory....monster registry.....hot sector
makes sense.....
won't last long surely......Long term it'll be a great ride....though some should bought at 10c may be feeling a bit of angst short term....they also realise no doubt that their held stock is a supply reduction...and in such a tight registry that can mean big movements quickly, and what's red can very quickly become green.
MGV Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
