yes they sold 2.2m shares on the asx The rest was gobbled up by "sophisticated investors" My argument is that it's the same entity, which also invested $2m @25 and is planning to buy the mine. I hope this makes sense, I apologise if i wasn't clear in my writings earlier. Just fyi, what we say here dosen't influence the market. The people whom invest millions and move markets don't look at what you and I write. They look at facts and information, and I like to follow the money.
On another note, if take away MTC's holdings. Then 55m shares is what there is for us to play with. Which means last 5 days, 20% of this changed hands with vwap of 275. Thats a notable percentage.
MTC Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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