Have been suprised how .016 has held up with the 4mill being topped back up to those levels everytime some are taken. Even more suprised to see 2500000 at .017 whether they are a charlie bid is yet to be seen though.
I even thought pommy might be right (hate to admit it) and we would see lower levels than .016 tested. but there seems to be a fair accumulation at these levels. What gets me on the boards is the level of support, and leads me to believe that the the J.V may be signed unconditional sooner than we think. I come to this by 1 the level of support out there by some one other than GB, 2. that someone has let something slip as most of us had an inkling that the J.V was being signed off before it was due to the rumour mill not that it was conditional though.
As the support at these levels has not been normally this high. Whether my gut feeling is right or wrong it is interesting to see MHL well supported at these levels and does make me wonder about the J.V going unconditional especially with Oil at $119 US a boo it does not look like stopping and the potential of K-stan
DYOR as these are just my thoughts.
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
