I obviously want the LT Holders to take up most of the shares BUT at the end of the day we will always see profit taking when a SP Rises no matter who the holder?
Most of the MNM top 40 have been accumulating for years and the top few have increased their holdings in a big way the past years at prices way above 5 cents. I think most of us are looking FWD to a SP closer to 50 cents in the next year?
I assume that "IF" cygnet get a heap of shares they will probably dribble feed them into the market over the next few months depending on the Volume?
It may even give them some incentive to place some large props and pump the SP when news arrives as they will be wanting to make the biggest gains from their investment?
Lots of deep pockets will be wanting MNM to fly.
I look FWD to the news and the volume, new buyers with deep pockets who also see the long term potential with this company...
MNM is cashed up which is GREAT news. MNM has heaps of news ahead.
MNM Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
