well there you go people.We have seen a classic day of manipulation here.From a high of 5.4 to alow of 4.8.
As you all know we are expecting an announcement very soon regarding our JV partner.looks to be early next week i think.Also awaiting U308 results to come through.So why would we have selling pressure.
After previous announcement regarding directors interest,we need not debate on such a small issue.There is many reasons why he may have sold.In my thoughts he may have a broker working on behalf of him at this point in time to accumulate while bringing the sp down at the same time(i have herd it before).This may well not be the case,but as you can see here there is some capping going on.
With news due at anytime,this may well be the reason why the capping has started,with insiders taking positions.
None of the fundamentals have changed people,so we need not panic and remain patient.We all know we will be rewarded,Dont we.
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
