lt's an interesting one isn't it. They rose 8% in London overnight. l guess those who have just recently bought, explaining the increase in volume these past three days, would be very happy with .28 cents.
If l could take out that 100k seller at .24 cents on Monday l'd back the merger! Something tells me that won't happen at that price. For the longs who have suffered through the inactivity and stagnant share price for the last twelve months, this isn't all that much to cheer about. Should they chose the 1 for 4 option and take the Mwana shares they can't be sold on the ASX anyway.
Monday morning should be interesting.
GRN
gravity diamonds limited
