MYL 0.00% 70.0¢ mallee resources limited

Ann: Change in substantial holding, page-7

  1. 1,336 Posts.
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    At 42 cents, which lets face it is a more realistic price based on todays market conditions, is probably about the right price IMHO. I know some close to management and parts of certain little cheer squads will disagree with my point of view, but I will say, I would have thrown my feet back in to the mix and thrown $25-$50k in at that price as a tester.

    I personally believe unless they pull a rabbit out of the hat (Which they prob will to relist) it will more than likely trade around those levels for a while on open. Too many want out.

    Plus at these levels the management will have to work harder now to get their free PBS.


 
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