buyers?, page-18

Agreed with Raths here... I'm not really of the opinion that the past 24 hours - the first red day since 02/10 - confirms that the MOY share price is ready to retreat by a further 10-15%. Look at the volumes:

MOY over the last 4 weeks back to 13/09. Compared to previous day's close, 61% of the volume was traded on green days, 24.6% neutral, and only 14.4% on red.

Bear in mind today was the ONLY retrace since the sell off after the announcement of first pour on 02/10.

Volumes for MOY on these days (mean, median, total):
Price rise: mean 28.5m, median 22.9m, total: 313.6m
Same price: mean 25.2m, median 14.1m, total: 126.3m
Price drop: mean 14.8m, median 17.4m, total: 73.3m

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Same for MOYOB:
Compared to previous close, 53% of the volume was traded on green days, 32.3% neutral, and only 14.7% on red.

Volumes for MOYOB over same period (mean, median, total):
Price rise: mean 39.3m, median 5.2m, total: 275.2m
Same price: mean 18.6m, median 14.4m, total: 167.5m
Price drop: mean 15.3m, median 11.3m, total: 76.5m

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Don't know how useful it is, but I made a graph with the above info.

Green = vol traded when SP closed higher than previous day.
Grey = vol traded when SP closed equal to the previous day.
Red = vol traded when SP closed lower than previous day.

This is since 13/09.