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39.0¢ musgrave minerals limited

No 8, no challenges from me. Yes, timing is everything. We do...

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tonymc

1,193 Posts.

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16/07/21

10:39

Post #: 54545953
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Originally posted by 8point$: ↑

Like I say, all speculation but when I see SPs get "hobbled" (someone else's great term) on excellent newsflow with great assets and a strong team, its usually the "money talking". The corporate advisory wing of a capital merchant representing a potential acquirer using their "desk" to manipulate the SP of the target to "manage" the valuation of the T/O. Trade 100's of clients accounts (target is blind to it) in and out. Take a small loss overall on a massive clip if the transaction completes. Simples.
Could be wrong, but I've been in and out as a silent shareholder for a while now and this isn't going anywhere fast. I believe EVN would like this asset for their WA portfolio and is extremely likely to leverage the stagnant MGV SP and hit now at the PoG inflection, as its about to explode. Timing is everything.
Speculation!!!!
Happy to be challenged.

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No 8, no challenges from me. Yes, timing is everything. We do have a MGV stagnant share price and I do believe we will have a much higher gold price going forward. Time to strike.

MGV Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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