MYG 2.47% 83.0¢ mayfield group holdings limited

todays trading

  1. dfl
    3,852 Posts.
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    I note that a large bid is aleady in the cue. Too large not to be respected. The sharp sell-off in gold and the closeness of the new issue might bring out some sellers.
    From a technical view yesterdy's consolidation has brought the BB to 14. I don't like the price geeting too far ahead of this key indicator.

    I suspect insto's are not yet in the stock to any large extent. After a road show the analysts pore over the information to ascertain the risks etc. Of course there is nothing astopping brokers buying on their own account.
 
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