Since MVT (Sir Ron) last update they had 17% of teh company. they could only purchase 13m more shares. Since then 20m have change hands and a further 7.5m have changed hands today.
I suggest that the intial buying was from traders that wanted to get in in Sir Ron's action, but MVT may have been buying of late.
I doubt he will go for a takeover though.
We may get an update from the new board just before christmas
MMX Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held