price explanation

As you would know MMB has been in a fixed trading range around the mid 70c mark for a while now.

We all know that price manipulation doesn't occur - but just suppose in an imaginary world it does happen then what could explain MMB unusual behaviour of late?

A float of the stock in Canada is imminent and wouldn't it be nice to have a share price within a target range. You wouldn't want the Canadians to think the share price had been ramped prior to the offer - would you.

Another possibility in our imaginary world would be strategic selling to maintain a share price at an attractive level in order to accumulate stock from unwitting sellers (because you, as the strategic seller know something the other punters don't).

One final possibility in our imaginary world is the whale theory where one big player wants to keep a lid on the share price just in case they decide to take the lot.

Krikey, just as well we don't live in this imaginary world, you would never come out in the market to play.