It certainly is a quiet period, and hopefully a storm will brew up. I reckon some traders are having a go at manipulating on these low volumes as well, hoping to flush out sellers.
Its easy to forget that the majority in numbers of MCO holders are totally relying on quarterlies, updates and the MCO web site for any information. If a few of them decide to sell because they have made a little profit, or lack of news is getting to them or they simply want to buy Chrisie presents, it certainly could look a little like some the trading occuring as well.
I reckon we have maybe 150 holders of MCO at least getting some indirect updates on Hot Copper, so most here are informed enough not to sell out now on the eve of an announcement.
MCO Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held
