Lets say Cygnet get about 15 million shares and the oppies? This is about 5% of the shares register? Top 40 own about 50% of register?
One year ago MNM had a spike from about 8 cents to 15 cents in a few days. There was a 7 million and 5 million volume day....
We are now on the cusp of much much bigger news IMO. We have the Exergen Prospectus We have the Exergen listing We have ALDP funding confirmation We have S7 We have gold drilling, CSG etc etc
Much more potential for a higher sustained rerate IMO...
I think Cygnet will want to offload at a higher price. I don't think it will be hard for a large holder to offload 15 Million shares over a few days/weeks when the BIG volume/news comes...
Lets hope it comes soon, I am excited...we in great shape IMO, I have followed MNM for years and I have never felt more optermistic....
good luck all holders..
MNM Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
