MGX - has quite obviously been pro accumulated since the last ann. The algorithm has done its job in keeping a lid on the price and probably got a lot of shares out of traders hands. Volume has now dried up, sell volume is building above, cash backing is still around the 40c mark... Can't beat em, join em - not a DT, this one requires patience after the way it has transpired.
Morning Traders Wednesday 22nd June, page-271
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