MOZ 1.45% 7.0¢ mosaic brands limited

Well Saggy...Read the news today which does mention a licence...

  1. 1,046 Posts.
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    Well Saggy...

    Read the news today which does mention a licence number?

    It's obvious Polo really wants a stack of shares & RIV getting bought out at $16.50 a share is probably a good reason why. Twice now when MOZ has about a million shares for sale Polo has swooped up everything in the queue & paid 40c for the lot - then it's worked down again & now there is another million lined up for sale under 40c (with $500k over that price too)
    Could be ready for another swoop which before has started with some soaking up of cheap shares & has been happening for the last few days around 27.5c (last time it got down to 25.5 - 26c before they came in)

    Anyway, whether they do swoop in again or not, why sell today at 30c for a few cents profit when Polo is at least willing to pay 40c?

    I'm sure they know more than we do & a big possibility the drilling could uncover a huge resource & then people will kick themselves well & truly if they don't have any.
    Anyway....good luck to all holders.
 
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