I was wondering whether or not the price is being held down by accumulators.
If it is the case and someone has been long term accumulating and capping the price, the accumulator would show up in the top100 list as holding huge numbers of shares.
Say for instance if one of Mantles partners had been issued well over 100mill shares and were offloading them into the market and one entity that is "in the know" who is capping and accumulating all those shares, they will show up in the list.
If the list shows that many of us small holders have increased in holdings but there are no large entities increasing their holdings, then we know it's just us small speculators that are buying up all our partners shares due to our bullishness based on rumour and innuendo we share around the forum.
Do we have large holders and management increasing their holding and a top 40 increasing its % of ownership, or do we have less large holders than before and many small holders stating on HC they are topping up, line wiping etc..
cheers B Rubes
MNM Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
