i have also heard its possibly sydney or melbourne so hoping its one of the big two it seems.
also heard today that the recent very heavy selling is almost finished. seller has been dumping for many many months however got really serious over the last month and flipped the majority last week and early this week hence the massive increased volumes. if true my opinion is that the share price spiral downwards has been greatly overdone due to the heavy constant selling over a long time frame. again today someone constantly offloading at 8.5c however if the rumour is true has very very few bullets. less then todays volume.
all the above is only hear say and unconfirmed however if correct then perhaps we have finally reached the bottom.
with ceo recently stating that they have $50 to $100 million $$$ of prospects on books hopefully our patience and pain will be rewarded.
only time will tell. just passing on the latest talk however as you know most rumours are just that
- Forums
- ASX - By Stock
- MIK
- major airport deal
major airport deal
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MIK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online