MGO 0.00% 14.0¢ marengo mining limited

Ann: High Grade Copper Results at Yandera , page-15

  1. 155 Posts.
    i wish, kipling.

    if there was an award for dodgy price action, MGO would win it atm.

    there's nothing on the sell side and the price keeps getting bashed by off-screen trades.

    i was talking to an american CEO recently and he said the ASX's faultline was the small size of its companies.

    by buying and selling, a trader/broker/fund could easily manipulate a company's SP for minimal outlay.

    that appears to be the case with MGO.

    i bought at 12 cents - then sold.

    i bought at 11 cents - then sold.

    i might get caught out if there's a bounce but i think i will get them cheaper still.
 
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Currently unlisted public company.

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