During the past four days the sp of MNW has dropped from a high of 43c to a low of 33.5c, what stands out to me is the decline in volume during this period. This imo is bullish and I would expect the sp to at least re test the highs of 44c in the near term.
Its interesting to note the Paradice investments became a subst shareholder only recently, they are usually long term value players, I remember them buying into nearmaps in the low 20's and at the time many people were saying how much it had already gone up, that was a big confidence boost for the sp. I expect the same for MNW.
DYOR
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