Mon & Tue were non-events. Wed was a x4-, Thu was a x3+. Today is not much better, started at x4+ again. At 10:00am, there were 19 buyers for 208,295. 22 sellers for 670,343. By 11:00am, there were 16 buyers for 207,366. 24 sellers for 727,378. Lets see what the figures are after 1:00pm.
CommSec rates MIO as, "MIO shares appear to be in a near-term downtrend confirmed by its 20-day moving average. Specifically, the 20-day moving average is falling and implies that investors see better opportunities elsewhere".
MIO Price at posting:
44.5¢ Sentiment: None Disclosure: Held
