It will be the instos and funds Qinjun. These guys are very good at it and the dummies fall for it every time IMO. Not only has nothing changed, MBE have just confirmed and smashed their own bullish figures.
The big boys now it's over $100 million will want to mop up as many as they can at 26c until they get their allocation IMO. They can't get any in a direct placement so they have to buy astutely on the market when mums and dads get impatient.
I won't be letting them get their hands on mine until we are over $1.
MBE Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held