Chawkey, a lot of variables in that. Perhaps to put your mind at ease during this period of SP weakness, consider a company with a 3Billion market cap. 10 times what it is today. Also consider the purpose and timing of the 1M shares for sale at 36c and the negative posts related to pollution, land owners etc. Coincident with a lull in company news. Expectation around DFS timing built the rally to 43c then the company delayed and IMO the capper stepped in. If you truly wished to sell 1M shares would you stick them on screen and depress the share price?
MGO Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held
