LRL 21.1% 2.3¢ labyrinth resources limited

time to be holding...?, page-2

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Forgot to add...

    Frosty & Revilins...love them or hate them...appear to be expecting a sudden rise as they have both converted options into shares recently.

    Given the heavily weighted institutional register, it is possible that they will try to feed additional liquidity into the stock...enough to facilitate a rise, but one capped to sensible levels...and in the process, disribute some of their stock to the retail traders.

    In MLI's case, due to the very tight register, this would actually be a good thing.

    As such, when the announcement finally comes (any day now) I think its safe to assume they are expecting a decent level of buying interest.

    Now I wonder what might facilitate such a phenomenon?

    Cheers!
 
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