So, did you base your comment on simple figures shown at the end of a trading day, or by actually watching the buy/sell queues on a daily basis, for months?
Have you calculated the shares outstanding churn since April 20th?
..or the fact that the Chinese bought much of the tin when the price had been depressed and had imported much of the overhang?
How has inflation actually affected the demand for tin, or depressed the price, considering that stannum usage is a static commodity, not entirely affected by price itself? ...and why the tin price rebound had limited price action on the SP itself?
The SP did follow the tin price for sure, however many other speccies went for a ride with the current index surges, however a company with profitable output , a small cap and a very healthy bank account, showed particularly weakness, regardless.
Why the appointment of a new company secretary, if so little is going on with the company and it's still business as usual? Surely they are not that busy, considering there's little direct dealings with shareholders, or huge amounts of general meetings/ company media.
If you have the answers, then I'm all ears, but using rather simpleton reasoning to base your opinion on , seems somewhat unnecessary.
It ain't no conspiracy, it's a definite trading behaviour, of which I was questioning the possible reasoning.
If I upset you that much though, do feel free to block me, or maybe just scroll on by...
MLX Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
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