MOX 0.00% 0.2¢ monax mining limited

movement at the station, page-7

  1. 3,377 Posts.
    lightbulb Created with Sketch. 158
    Sorry mate but your really linning up for it comparing a rise of 3c on more than 1 million volume with a similar fall on 29,000 shares.

    The first is a potential signal (acknowledging it might be nothing agree with you there but its worth watching)

    However the fall on this level of volume is likely to be a single holder or a few small fry selling out and certainly not trader - thats almost laughable no trader worth his salt would touch a stock like this volume is miles to small, even on a good day.

    Two different things in my view.

    Also add in the AGM statement that the company felt they have a "company maker" and expect to announce in Q1 how to determine value for shareholders ie partnership or sell rights.

    I still think its a 50/50 play that this will go well for them, nothing more than that based on their recent performance.

    Dazzler

 
watchlist Created with Sketch. Add MOX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.