MLX 2.25% 45.5¢ metals x limited

MLX has been in uptrend since late Aug06.ann of 117m shares...

  1. 315 Posts.
    MLX has been in uptrend since late Aug06.

    ann of 117m shares placed to Jinchuan @ 28.0c on 21/3 dampened sp from a close of 36.0c on 20/3.

    imo expect a continuation of the 6 month uptrend once the market absorbs this massive placement; then factors in Jinchuan's 13% holding as a big +ve for MLX.

    Discl: Holding MLX, AGM, DYL, WMT
 
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