MPI mark sensing limited

gerard harvey buying, page-7

  1. 2,848 Posts.
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    re: harvey norman...settle down Yes, it's a nice PLUS for MPI that Harvey has became a sub. holder. But the point you seem to be missing is that he's been in MPI for some time now.

    He's held over 8 million shares in this company prior to his 5 mill purchase at 11 cents on Monday

    My thoughts on MPI? Yes, like the company, seems to have some nice potential now that a new Board have taken over the reigns but any sharp and sustaining rise in price should be a fair way down the track, not merely on Harvey buying up more stock. You'll find that most of the big selling is from previous Board members getting out after being voted out of the company.

    Also a lot of overhang stock around.

    30 odd million that G. Poole, the former CEO sold to Loftus....and also 22 million shares at 7 cents that were placed at their last capital raising.

    I like the stock but hold more for the longer term.

    Good luck
 
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