When studying the volume it seems clear that there are plenty of holders that bought well above the current level - buy order volumes have well exceeded sell order volumes - this clearly indicates accumulation to me.
Either way I still have faith in management, reading between the lines of what they have announced so far also gives me encouragement.
The name change is not an issue for me, although I will be pleased to see it completed it indicates that they are concentrating on more imporrtant long term SPO accretive issues.
Time will tell but I am still in and holding firm. Will even top up more at these levels if it stays here or drops further in the next day or three.
Each to his own - but I find it next to impossible to have every shary one holds going up constantly!?
Cheers
Cabe
MKY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
