True to form, Marengo continues its trend of trading at a level...

True to form, Marengo continues its trend of trading at a level all day and then on the very last trade, a trade goes in to bring the value down to its previous close. Sure enough, every single trade on the ASX today on MGO was at 31.5 until the very last trade where a trade of fair volume went in at 31c to bring it back to its previous close.

Is it just me or does someone desperately want this stock to be contained in the short term. My understanding of the dynamics of trading is limited but there appears to be a definate trend here.

Any serious investors with some insight as to what is going on here.

I hold MGO, TXN, SXY, CTD, NXT