congrats. Took a week or two more but u were on the money.
definately got me interested in IRN - i think thats ur pick starting with I
seeing you seem to know something lets play with this.
trading volumes have been large meaning someone is accumulating!
We've seen over 10million shares traded in last week.
Sino now a sub holder have to notify every 1% (i think). That is 4.1million. I would assume if we dont see an increase notice early next week then it wasn't them.
Same goes for POSCO also must notify on 1% movement.
So if its not either then who?
MMX took a big & quick fall $2 maybe many coming back but the chomping would suggest someone bigger buying! Maybe a fund but hopefully someone else.
I wonder if Mitsu maybe taking a dive. Currently don't hold direct MMX shares (that we know of)
OPR starting to get going & crosslands running along fine. Mitsu have said they prefer to have more pull than 50%.
They are also coming up to the bank feasability in a couple of months & they will have to kick in their final payment. Maybe this is going to be less than expected & are prepared to buy some MMX it self.
Just an idea
So who is buying? Sino/POSCO/Mitsu/unknown or Nasty's "EX" girlfriend
MMX Price at posting:
$1.12 Sentiment: None Disclosure: Held
