re: dropping like a stone now
there is support @ 6.0c about the spp price...
there were ppl selling other stocks (according to another website) too buy up further holdings of MUL not to buy a new stock but to increase their holdings
they bought much higher than what the close will be what the hell happened to commonsense trading dont they realise this thing is still a dotcom leftover and hasnt made a profit paid a div etc all the things you may sell other stock for to buy into for
I wonder if the selldown is further manipulation for the big end of town to pump and dump then release the supposed "big ann" and re-cash in again! If you look at the asx inquiry into the price increase MUL management state" The comany is ATTEMPTING to secure numerous large contracts but is not READY to announce any yet"
"ATTEMPTING" "READY" sounds like the next announcement might be away to come and that they may be having trouble convincing customers to take up their service I dont know but time is running out isnt their competitor IPstar coming online in the next few months?
MUL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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