MMR 0.00% 0.4¢ mec resources limited

why sell it down??bizzare, page-26

  1. 40 Posts.
    I posted this under a new thread, but it is relevant to this post. So here it is again.

    If there are any heavyweight players in the market who are interested in PEP11, expect the price of the MMR, BPH, GBA and BUY shares to spike upwards next week. It might be stating the obvious, but here is my simple reasoning.

    There will be only 4 and a half days trading next week (the market will close early on the 24th). The drill results are expected on 25th/26th December. That, of course, means that a larger player wanting to get in at a lower price before the announcement will have to do it before 24th December.

    This reasoning is not predicated upon a successful drill, but on whether there are heavyweights out there who are prepared to gamble (sorry, invest).

 
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