Hello, I'm probably being cynical but it looks to me like ORBIS are trying to slow the falling sp given their substantial investment in MIX by increasing their holding to give the market the appearance of confidence in the stock.
Have lost a fair bit on MIX as a result of this debt issue and I still can't fathom what exactly went wrong or why there was no contingency plan? I still hold a few but I've sold most after today's further big dip.
I have no idea how low the sp will fall (if it does fall further) and given my recent form with RCY in trying to catch a falling knife, I'm not willing to trust my luck.
Good luck to those who hold though, including those MIX that I still hold!
By the way, how many have noticed the phantom 4 million seller that keeps appearing and disappearing in buying & selling depth.
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