Bund have to disagree a little there, MNC has a higher market cap and it did run from 14 cents to 20.5 cents the days leading up to the resource upgrade so id say people got wind of it and was buying it up before the news was released.
MGO hasnt had that run, infact its gone the opposite way so id say the resource upgrade will have a positive effect on the share price and take us to around that 30 cent plus mark which will give us a market cap the same as MNC.
MGO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
