MNE metallum limited
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perfect strorm @ 1.1c

  1. Guzz
    1,500 Posts.
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    13/03/15
    10:43
    Post #: 14907827
    Hi All,

    SP action the past 2 days has been very interesting.

    It is clear that the sophos and bergin must be offloading @ 1.1c to make some profit from the recent CR.

    However - IMO it also seems that someone is happy to take all that is being offloaded.

    That is, unless the Trading housees are being sneaky and selling to themselves to distribute?

    Either way, VWAP above the CR price a few days later usually bodes well for the SP in the coming weeks... (IMO of course)

    DYOR.
    MNE Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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