MKY mky resources ltd

well, this is the way I look at it.1. Old directors just want to...

  1. 1,182 Posts.
    well, this is the way I look at it.
    1. Old directors just want to sell out but when they sell is upto individual
    taste to risk. They know may be the sp can not hold and try and sell in
    lots rather than dump....
    2. 5.2 placement - remember this is HIGH risk stock. you and I might have 1m
    shares and may absorb that loss..but 52m shares is a big share mate. they
    usually have a target return..may be 10-20% and dump accordingly...again
    in lots .....
    3. Some traders/brokers deal and want to keep the price low so they put in
    large sell orders to scare the nervous people out there...this allows the
    traders to accumulate........

 
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Currently unlisted public company.

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