what's happening!!!, page-4

Squadger,

The last time MML was at this price (early March) the POG was US$100/oz lower. Let alone the increased production, earnings and accumulated cash that has accrued since then.

I think you need to look at the trading activity on this share to explain this dramatic fall. It is just repeating the same actions we saw in early February that drove it well down to the 200dma.

There is certainly no fundamental reason that can explain this fall. But the bots have successfully driven this down to the 200dma yet again so perhaps, having achieved their target, they may now allow it to rise back up as the June report and FY results fall due.

We could certainly do with the transfer across to the main market listing in London to, perhaps, relieve the vice-like grip that the asx TA traders have on this share.

Mind you, it does create yet another great buying opportunity. Where else can you buy such cheap current earnings in the gold sector!