MNE 5.26% 3.6¢ metallum limited

Is the market calling the bottom on this at 0.006. Looks that...

  1. 8,928 Posts.
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    Is the market calling the bottom on this at 0.006. Looks that way IMO. Now that the risk of more tiny CR's for the old note holders has gone and the sp could of been pushed lower we may be seeing the bottom. The reloading at 0.006 last week was reassuring. Still can't make out what that sudden spike in volume was about last week but it finished as soon as it started and with no notice from Bergen we could also assume it may of just been a holder locking in some tax losses.
    Sounds damn funny I know but the success of this company lies in sp. If they can push it up to 0.04 there is over $5 million worth of oppies sitting there now for the company get a BIG cash injection. Good luck this week folks and let's hope things start heating up. IMO of course.
 
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