poss reasons for lack of support

a little time thinking on the mos price and the heavy volume on weds. it certainly wasn't welcome.

mos reports soon on its end yr 06. not expecting anything very good but not too disastrously either. there has been no advice to the market that mos will not meet guidance.

however the 'printers' get to see the facts before we do. the mos top brass know too. we had one director's family buying recently but not by much. so that reduces the theory the brass know something nasty and therefore the 'printers' can't know much more. reduces the theory but does not eliminate it.

waggamba has not caused excitement and many would have pulled now rather than wait for the test results or drilling of downlands 4. they have taken their money for a play elsewhere.

waggamba is probably the reason. many expected good news here and the test results, not yet forthcoming, do not bode well. atm anyway.

mos is not down and out (not yet) and as is s*ods law, the big selling volume weds may well have fed on itself only to cause regret to those running away. i hope so but we do have more to look forward to down the track.

for now though we know of no selling by the directors. watch just in case.

i'm going with the disappointing waggamba to date for the market reaction weds. the test results may prove otherwise. we'll have to wait and see.