If it is purely day trading, don't you think there should be more selling? Yesterday ASX volume was less than 7 million and today so far a little less than 2 million. What happened to the other 40+ million shares? In my view, tomorrow trading will tell the story. If I do not see significant selling tomorrow ( T+2 and Friday), I rule out day trading hypothesis.
MBE Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held