Well considering what happened with OZL and Swans latest decision if the Chinese were smart they would launch their proportional t/o bid immediately before the dopey treasurer changes his mind and makes up some lame excuse that prevents it.
Sino must be amazed they have been able to pick up so many shares at these levels and still see the shareprice under $1... incredible to think there are still shareholders willing to sell at these levels when Sino and Chinese govt has made their intentions clear . $2 or $3 wud still be sooo cheap for them
Reckon will see things begin to unfold before too much longer....and the chart pattern looks fantastic for an explosion to the topside...$1.25 by end of april
MMX Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held