re: words of wisdom
hereandthere hopefully they have finished exiting.
Very big volumes in the first 2 hours of trade and as you say some big trades in the last 30 minutes. None of these were crossings but is a different pattern to yesterday.
MAE has stood up fairly well so far today. Although it closed at 23c yesterday the vwap was 22c, so we're actually in front at 23c.
If we didn't have that big seller the last few days imagine where the sp would be with all those buyers that soaked up what the seller sold. Hopefully our seller isn't just having a breather only to sell down as the buy side builds up.
I think management will hold off with any announcements until we see a more positive day on the asx.
MAE Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
