Given the SP has moved between low 6s and 20.5c in recent months you may want to try a volatility value in 3 figures not 2.
Anyway it doesn't really matter, if there were not others out there with your point of view, there would have been no one to sell me the holding in MNEO that I bought last month in the low 5s.
Still, not to worry I get the feeling that there are a number of caps on the sell side and the buy side in the 3 or so levels below market looks stronger than it was last week.
I wonder how many of those 200k, 300k and 500k offers will remain once some of those bids start chomping at the market price.
EB
MNE Price at posting:
16.0¢ Sentiment: ST Buy Disclosure: Held
