MUL multiemedia limited

smoke and mirrors

  1. 86 Posts.
    I am suprised at mul's ability to remain at these levels with the release so soon of so many shares to the market at prices nearly 50% off 2days close it seems to me that the price level is being sustained from within mul to keep the stock from plunging prior to 29/10/03.. all well and good for holders so far ..

    I have a feeling that an ann may come out on the 28/10/03 or just after the share allotment comes onto the market anything to keep the price up mul directors must have the price reflecting a good business so that potential major investors, partners etc dont get discouraged by sharemarket sentiment towards mul as they have $195,000 cash in bank it going to take some spectacular "smoke and mirrors" business management to maintain the interest.............
 
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