Not bizarre.
I have seen this happen a lot with MBE.
Traders bought up leading to the yearly results knowing they would sell on the news. That is what they are doing.
The best way to stop the traders is for large institutional interest.
I know there have been fund managers playing closer attention to MBE over the past few months ... this result might be the catalyst for institutional buying (although some fund managers prefer upwards of four years of improving revenue/profits before they enter)
MBE Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
