re: Spec buy? - I think so
When the option value is taken into account (currently bid at 2 cents) those who took up the issue (me included) are in front. I think they will get away as many of the remaining shares as they want and this will be the impetus for a rise back above 10 cents. I also think we can expect some more good news over the next month. Whilst there aren't too many buyers at the moment, the sellers aren't exactly rushing for the exit either. A total of about 20k has been traded over the last week. The buy orders on MIKOA are interesting - 2 cents is a pretty decent bid for a 20 cent option when the fully paids are at 6.5 cents. Must be some confidence somewhere. On the other hand if things don't become clearer within the next month I'll be heading for the hills.
ture
MIK Price at posting:
0.0¢ Sentiment: None Disclosure: Held
