URA 5.56% 1.7¢ uran limited

MK has sold all his shares so it was not him.Given there was...

  1. 150 Posts.
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    MK has sold all his shares so it was not him.
    Given there was also exactly 1m options sold as well, it is obviously someone who took the placement, got bored or needs the money , cost 3.5c for share and option, sold share and option for combined more than this.
    This is a low liquidity stock so when there is a forced seller it goes down fast, but by the same token when there is a buyer it goes up fast.
    When it comes down to it, we need to see the drill results, the rest is just speculation.
    Remember that the market cap is now about $4m, so from my point of view there seems more upside than downside.
 
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