MSB Trading - 2020, page-1253

If ecoool2 is correct about insto's buying

https://hotcopper.com.au/posts/42574471/single

and new inso's attending presentations and showing interest in buying, then the weight of numbers becomes relevant here.

Example

The stock is tightly held by the top 20 as per the October top 20 kindly provided by @col69

https://hotcopper.com.au/posts/41143360/single

I estimate 75% (possibly higher now) of MSB ASX LISTED stock is held by the top 20 or around 450m shares.

That leaves around ~105m shares free.

Of these free, if a couple of larger insto's ie Vanguard, Blakrock decide to move to 5% they'll need 30m more shares

If another 3-4 boutiques want in theyd be after 1% of 5m shares each thats another 20m shares.

So you can see here, wanting in on a tightly held stock before it even potentially enters the ASX 200 creates strong moves. Whilst parabolic, it is off a severley depressed base and is substantiated on the back of near term commercial sales.

Some will be happy with quick profits but if I'm right the top 20 just got even tighter and they won't be selling in a hurry especially at this early commrcialisation stage.

@ecoool2 I'm with you, LET THE PROFITS RUN....!