MKY mky resources ltd

a slow and steady......., page-30

  1. 13,252 Posts.
    You have to remember FDL was on a conceptional model only
    no drilling and momentum took it all the way with over a billion shares an 3 bil traded in 2 days. MKY has 416 mill
    with top 20 owning over half so if a lot of the top 20 hold on for the future it leaves under 200 mil for traders if the results are good this could force sp a lot higher than most of us think and if they are good a lot will be buying
    for long term. I think you could probably look more to INP
    for direction with around 100 mil + shares. As with INP a lot where picked up by instos and funds they can sit and let it grow and with good results a lot in the U industry suppliers investors and miners who want a piece will be willing to pay more than than what you or I think.
 
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Currently unlisted public company.

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