It seems that there still some persons who are still wanting to trade. Dudes as I have said, taking the traders out of the picture which the consolidation has done has caused MPO to be somewhat dead in the water. this is only a problem for those wanting to get out who dont understand MPO or forced to do so. Given this tightness or lack of buying or alternatively lack of selling, any news, which in the past was greeted with a significant increase in turnover and a little spike only to fall to refelct the traders getting out. Now, I expect news will cause persons who were out trying to preserve capital try to get back in only to see the price move up quickly. Time is the only judge here. so we wait for news which is coming. Christmas is coming, so management will have presents on their minds as will their wivies etc. so being human nature expect some news and sale of shares from directors to give them nice presents.
MPO is a keeper
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held