when MHL traded 280 million shares the other day and the MHLO options over 300million, i noticed some MHLO options buyers put in sell orders for 0.002 straight away and have now put them back for sale at 0.001.
They wont be there long imo and I personally think well see MHL well above 0.005 and MHLO above 0.002 pretty quickly as production testing from VPE is underway.
Worth calling either MHL or VPE for a chat if you would like further details as MHL is flying under the radar and most tagging it as a penny dreadful. Its still got the price tag of one, but the only thing that distinguishes it from a stanard penny dreadful is becoming an actual producer of commercial oil which after years....they've hit it.
MHL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held