I believe it may be. Why? Well the SP has been supressed ever since Orbis started buying up big in late August / early September. Despite the poor performance of the SP in the last 5-6 months, they continue to increase their position.
MDT's SP has been doing 'diddly squat' for a while, so why would someone leave it until the day before the half-yearly is released to start selling stock and trying to keep the SP down when with very little effort it could surge back up to 10c?? I believe it's because someone (possibly Orbis) wants to continue accumulating.
Just my take on things. Anyway I bought another 300,000 today, as I'm quite optimistic (relative to market sentiment) about the half-yarly results.
BRING ON TOMORROW!!!!
Cheers.
MDT Price at posting:
8.8¢ Sentiment: LT Buy Disclosure: Held