MAG 7.25% 6.4¢ magmatic resources limited

Poor old Ming is probably just trying to average down.It showed...

  1. 1,220 Posts.
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    Poor old Ming is probably just trying to average down.

    It showed he owned 27,100,000 in Sep from the Annual Report so he's only bought an extra 900,000.

    From that announcement his average price is still 0.076.

    Does anyone know anything about this guy? The only Ming Yiu Ko I can find in Melbourne is a chemist. I actually find that quite coincidental given the fact Deurden 2.0 is a Chemist and has barely bought any shares on market. Why would a Chemist be buying 9% of MAG?

    Is there a connection between him and Adam or is he some Chinese guy positioning himself for a take-over on behalf of a Chinese company?
 
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