In a bear trend as MNM is in now all the perceived negatives are magnified whether they are true or not.
It doesnt matter that Latrobe Valley is irrelevant as the the real buyers are sitting back and watching the weak hands sell.
The market wants you to sell your stock cheaply.
There is plenty of time between announcements to accumulate.
Downrampers know there are plenty of holders from the 20's that are getting that ripped off feeling and will feed on that.
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bacchus marsh in not in latrobe valley!!, page-5
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