TIn trading activity on Monday and Tuesday was half its usual which I assume we can put down to China's Mid-Autumn Festival public holidays. Their holiday period is now over so we should see activity picking back up. Whilst trading activity was low the tin price held strong which was good to see.
MLX trading yesterday was a little more exciting..... can't help but think this stand off we've been seeing between buyers and sellers is about to snap to the upside. With the SP over the 40c we might not be seeing anymore buy-back updates in the short term which I'm ok with if its due to a runaway SP, I'm a supporter of the buy-back and only doing it when the SP is low but I'd much prefer the SP to sky rocket over buying back more shares.... I'm in MLX to get rich quick .
MLX Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
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