CAI 0.00% 11.5¢ calidus resources limited

Volume will always be low because 80% of the shares are owned by...

  1. 7,746 Posts.
    Volume will always be low because 80% of the shares are owned by PNO and not for sale. What would people think about PNO selling down some of MLPH to fund PNO without the need of a CR? Maybe retain 50% ownership? Might be worth considering if the MLPH sp continues to rise. Especially if PNO doesn;t follow suit.

    I still remember the last spike for MLPH which was triggered by a newsletter and unsolicited spam faxes. This is different ofcourse because it has good news behind it. But market is always doubtful when it comes to JP. For that reason PNO will lag MLPH. But if MLPH continues to rise or atleast stabilises and keeps the gains then PNO 'should' follow.
 
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