MYL 0.00% 70.0¢ mallee resources limited

Ann: Ceasing to be a substantial holder, page-19

  1. 306 Posts.
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    Just like back in the anyvision days I think the pump and dump is over and the Day Traders are quickly dissipating.

    Hopefully I'm wrong but it will quite possibly be a steady downtrend back to $0.03 or lower.

    Ironically the apparent cancellation of the Bright LED deal was so that investors didn't have to have their money tied up during due diligence period in which they would be a trading halt or suspension. I'm not sure if this latest news is equivalent to a significant change in business activities, though there might be a suspension or trading halt after all.

    Who knows perhaps they won't be able to raise capital the deal will then be cancelled and will be back to concentrating on our existing exploration activities.

    Until I receive further news it's just business as usual for TND.
    Last edited by PeterX: 29/11/16
 
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