We have no idea what 'deals' have been agreed behind the scenes. And also, if there has been a lot of shorting, who has been doing all the lending of shares. I honestly have no idea what has been going on, but this seems to me to have the fingerprints of a certain PE company from the USA all over it. If so, they don't rush at things. I would not even be surprised to see them drive it down to 5 or 6 cents reasonably soon , after they have exhausted the financial resources of all the people keen to Hoover up the so-called 'bargains' at 10 or 11 cents.
MLX Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
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