I think you are barking up the wrong tree - there is no need for capping because there is a lack of buyers. There is a lack of buyers because there is a lack of substantial news. Just look at the volumes - there is no interest. Surely if someone understood the MNM story they wouldn't care if they bought at 5c or 6c because they would not have any intention of selling until the SP was at a realistic price in their opinion . You can play around with fake bids as much as you like but it is not going to effect anyone or the price because all people are doing are watching from the sidelines. They are not buying ..yet
This Company has so much potential with its coal and gold interests, but in the short term,just needs a boost in the way of a positive announcement which will sustain upward movement to a fair MC. A movement to 20c will do me for starters.In the absence of any good news the SP will continue to languish and the buyers will continue to buy at their desired prices.
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I think you are barking up the wrong tree - there is no need for...
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