Unbelievable roller coaster ride to an all time high of $6.15 yesterday and now back to below $5!!! Judging by the volume going thru today, it appears as if a hedge fund is exiting the stock, which is not surprising, given how the stock has performed in the last month and yesterday.
IMO, the share price in MML has been creeping up lately is due in a big way to other gold companies fouling up and also the rising gold price. Medusa hasn't done anything spectacular but what it hasn't done is do anything wrong.
It has openly stated it is not pursuing M&A's and is focused on organic growth. To a small investor like me, that is indeed heartening news and i think something big will come out of its latest announcement wrt to growth potential!!!
looks like hedge fund selling
Add X64 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| X64 (ASX) Chart |
Day chart unavailable