MGX 3.57% 40.5¢ mount gibson iron limited

re: big bids minerthe big sells include one lot of 200 from one...

  1. 214 Posts.
    re: big bids miner

    the big sells include one lot of 200 from one client of the house broker.. who may be squaring positions.. the buys are from more than one broker..

    the bid up of the oppies is just as interesting.. allowing for the tiny amount traded.. bear in mind these are/were employee oppies.. and for the most part are still held by employees.. (I have quite a few and no don't read anything into that.)

    as far as the fully paid ..one possibility is that some of the insto's who bought in what seems like years ago at 85 are window dressing..possible.. but this just has that smell about it.. intuitively.. sometime in the future this thing will be in play .. whether its 3 weeks.. or 3 years.. The people I speak too share the same consensus view.

    Just as I thought all the posturing and throw aways to the market re the shougang deal panned out just as speculated.. I believe the portman play here will again pan out that way too.

    my OPINION only.
 
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41.0¢ 31818 5
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