If you watch MPJ and MPJO through Web Iress, then you will see what is going on. I am convinced that the seller for both is the one person "broker" doing all the selling on behalf of freebie holders.
I only hold MPJO, so I will only comment on it.
For example with MPJO, last week, the sells at 0.002 were removed, and replaced with a single 5,000,000 sell order. That was slowly bought out throughout the next few days. Then it was replaced with a 1,900,000 sell order, which was still there earlier this morning. Before trade opened it was scrapped, and replaced it the current 7,971,491 sell order.
Why? I have no idea - but the same pattern has been going on for months. More than likely this will continue (as the sells are more than likely the freebies issued in 2014, so it's money for jam) until there is significant news.
That's the only catalyst that will halt this mind numbing situation that I have described above.
MPJ Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
