"I expect there will be quite a few new holders from the soph/insto raise that will take all or part of short term profits when they get their allocation in Tranche 2, potentially stifling price rises for a while. (Hopefully I'm wrong)"
Nope that will likely be many. Great to see a capital raise succeed for MLL.
Extra shares in my opinion will see people look to profit quickly. Economy is doing badly + all those investors posting here they were using their credit cards..... that is not in my view a long term source of funds.
Looking forward to selling more. So please carry on with the excessive positivity. Love the echo chamber here.
MLL Price at posting:
20.0¢ Sentiment: Sell Disclosure: Held
