Well here's hoping someone starts selling off their recently aqcuired oppies. Because I am buying!
But I think these guys will hold and sell at higher prices as they won't be confident of getting another parcel if they are responsible for the sell off.
I would be certain also that if IK went to the loyal retail shareholders looking for $2 million in a spp at these conditions (6c & free oppies) that yes the sp would be driven down to 5c or lower by fortrend. Why? Because fortrend and cygnet have no interest in sh's getting shares and oppies at these prices, they want any spp cancelled like it has happened a couple of times already these past two years.
MNM Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
