MCO 0.00% 11.0¢ morning star gold n.l.

weekly stock scan resource sector, page-10

  1. 6,755 Posts.
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    pondering aloud mathematically speaking..........

    did someone work out that Ample Rise Investments would have bought 17m. shares to gain 12% of MCO at an average price 26c.

    therefore to gain a 25% foothold of the co. they would need to buy another 18m. (on market ??? ).

    if they paid on average 52c for the extra 12% .... then the average price to gain 25% of MCO is where the sp sits today = 39.5c.

    therefore, if Ample Rise Investments plan is to gain a 25% foothold of MCO then buying up to 52c would theoretically be within their strategy plan. on this totally speculative number game, i reckon MCO will have leg-up gains & sit at 52c within weeks.

    disclaimer : i am not martin armstrong.....
 
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Currently unlisted public company.

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