MMR 0.00% 0.4¢ mec resources limited

epbc approval, page-19

  1. 7,395 Posts.
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    its not accumulation. actually the chart indicates moderate but long term distribution, or selling pattern. alot more are being sold at 10am, then the rebuild on the sell side, then the sell down again...day after day. the odd 2000share parcels today in the arvo brought the price up from .30 just like a bot...then one or two punters bought up another cent. now the sellers can cash in again at .33 rather than .29. this has been the pattern. but the sells have been dominant. thats why i sold. maybe the fall is coz of the delay or coz they dont have the cash for the advent purchase and another player will take over, or they need to place shares for cash. the thing is nobody knows the shenanigans that might be going on, and until they get a confirmed drill schedule it looks shite. i'm pissed off. such glowing reports about the potential,and no tax!! lol on a loss?.. then no many go in for the spp. BUY has held up, and is the safer entry into pep upside imo for now.
 
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