There has been absolutely nothing wrong with the last 4 announcements, they have all been very positive, they have been as planned but each one has been heavily sold into, management need to use $1 million of the money stores to do a buy back to flush out the top 20 holders that are playing the buy and sell sides, dropping price with cross trades that cost nothing, either that or we get a new substantial holder that starts buying, the projects, funding and announcements have been ok, but the SP is definitely being suppressed, management should be able to see who is playing with SP, and a quiet word should suffice unless they are involved. This is the way a lot of majors get projects cheap, suppress and hold down then be the knight in shining armour that puts in a low offer, can save them 10’s of millions, they just need to have someone in top 20 that is under5% so doesn’t have to declare anything.
MLS Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
