MAG 7.25% 6.4¢ magmatic resources limited

Feels to me like a bit of an attempt to drive the weeks vwap up....

  1. 1,787 Posts.
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    Feels to me like a bit of an attempt to drive the weeks vwap up. It's been done on very little volume really, with no apparent reason, anyone who wanted a few million shares has had a long time to get them, and the buy depth hasn't followed it up. If someone wanted to sell 50,000 shares the price would drop 50 percent just to get that tiny sale done.

    super keen for magmatics story to turn positive, any excitement here is jumping or reading anything too much into this is jumping the gun imo
 
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