Bought a heap of MMX last week at 1.50 for a trade, thought about letting go at 1.75 this morning but I foresee little resistance to $2.00. Looking at a chart for the last year it looks good, I suspect we may have seen the last of any major shorting
CHM should be investigated for that misleading statement yesterday, the ASX should not have let that happen. Just don't invest with parasites and you'll be safe.
Expect CHM to appeal Jack Hills, its all they have got between them and receivership. They could fund the litifation by paying the lawyers in shares, and then sending out a couple more misleading statements to con some poor punting into buying it off the lawyers. CHM = Parasites
MMX Price at posting:
$1.72 Sentiment: LT Buy Disclosure: Held
