M4M 5.88% 1.8¢ macro metals limited

Zzzzzzz..........that old chestnut doesn't work anymore not that...

  1. 263 Posts.
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    Zzzzzzz..........that old chestnut doesn't work anymore not that it ever did.
    For the little they have been selling there is hardly a demand or pressure on the SP going up.
    It's a myth that a couple believe that selling a couple hundred thousand each every fortnight is capping the SP. Anyone believing it is a bit sheepish.
    For the record Scorpius sold nothing in the latest update. Hoggy sold a few but bought 5M options which sounds more like confidence than keeping the SP low. He is more or less committing to $500K further down the track.

    I have no issue with Class C to E. But to be rewarded to get funding to pay for admin costs and wagers for the next 12 months is beyond a joke and would hardly give any potential new SH confidence that things are moving in the right direction. I hope even you can see that.
 
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