I don't think liquidity is the issue at the moment. As someone...

I don't think liquidity is the issue at the moment. As someone who has been following MAH for a long time, I reckon the daily volume over recent months is the highest it's been in years. The multi-million turnover day in, day out, was rarely achieved even when the SP was well below the sub 10c range.

It therefore makes me wonder why the SP is being slowly pushed down each week over the past three months. Is it Insto's accumulating, as mentioned earlier in this thread; a large holder squeezing the life out of the SP in preparation for a takeover offer; or tax time FY selling to record some capital losses/gains? Obviously I have no idea, other than the fundamentals and contract wins are extremely solid and the company (financially on paper) is the best it's been in years.

Hopefully the Batu Hijau extension is right around the corner and the SP gets a breath of fresh air again. Time will time...