MLS 5.26% 2.0¢ metals australia ltd

Ann: Trading Halt, page-213

  1. 1,976 Posts.
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    That frenzy of buying two days ago might be a little more than just “rock chips”. Let’s face it… that buying was on another level.

    Could very well be an announcement that may reflect something they have found or discovered to warrant the cash. And it may be very big.

    Surely more than a coincidence that they are asking for a CR just a day after the SP blows out after the lithium announcement. That’s how I’m thinking.

    CR don’t always mean a decline in SP and really depends on the type of announcement.

    I will be optimistic and say 9.5c but prepared for a drop too for a very short time
 
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