With a 700k bid in the opening auction followed by another 500k chomp 20 minutes later would indicate some deep pockets agree with you T4P.
And yet pretty consistent selling all morning seems to have discouraged others.
Volume last week would suggest that talk of a shortfall is now ancient history ... so who is selling and why?
It doesn't make sense to me.
After all something like 28mn changed hands in two days last week just above the current levels so those holders are unlikely to sell so soon at a loss.
Sell side in depth is also stronger than most recent sessions too.
Is this an unexpected buying opportunity?
EB
MNE Price at posting:
16.5¢ Sentiment: ST Buy Disclosure: Held
