Shorters increased their position (see 1 month) : https://www.shortman.com.au/stock?q=MVF It dropped 79c to 72c (10% this morning). You can see it in the hourly graph better. That's the start of the play. Shorters will attack the stock and if market went red today or got worse, they would increase their position. They're going to squeeze shorters to chase their losses hence price has gone up so much. It's happening to other stocks I'm buying into so just wanted people to know what is going on here.
So not large share holders.
As I said, enjoy watching, feel safer just to buy the damn thing on a dip as I'll be protected!
MVF Price at posting:
80.5¢ Sentiment: None Disclosure: Not Held
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