Actually I almost bought in today when it looked like interest was building BUT the thing that worried me slightly was that there seemed to be a lot of fake, bogus bids which were often pulled of the 2.5c buy side in anticipation of more buyers(suckers/victims?) lining up.
It may well be that a few punters were outsmarted by 1 person ,,,several 1 million and 2 Million parcels were lined at at the bottom of the que... possibly for the same reason (pull and dump) but 1 person beat them to it ????
The above is pure speculation on my part, only been watching closely for a few days so don't know if this thing often goes on with this stock. It was fascinating to watch ..couple of hundred thou at 2.6, 4.5 million buyers 2.5 ,3+Mill buyers 2.4 I picked up my cup of coffee , had a sip, blinked and the lot had gone in a flash .. never seen that qty in 1 parcel before.
In any case with a bit of luck I might pick up some sub 2c next week. Worth putting in the bottom drawer for 6 months at that price
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held