time to move forward, page-6

MDO selling has only stopped due to the price IMO. As per my post in the other thread they seem to be chasing 1.5-1.6+c/Share. They have some cash now so will sit on the rest until the price/volume builds so they can drop another 10 Mill at or over that target price. This will probably coincide with the next announcement which will mean we'll probably need a series of decent announcement to clear the MDO back log and see the price build back up.

Addtionally you'll have profit takers from people who picked up parcels during MDOs dump so IMO it'll be a while before this is back above 3c. On successive good news it'll be back in the 2-2.5c range for now until sentiment improves.