MNC Why Shorts Are Gunning 0.14p
100% would have agreed with a lot of bearish investors from a technical perspective IF nothing had changed in terms of company configuration. Multi month descending triangle.
New diversified non copper asset tells me looking at past events and share price close (can be manipulated by MMs to draw their own chart picture as they did at 0.27p)is riskier.
Good luck if you aim to go short, got £12k allocated for immediate hoovering of 8-10m shares lower.
In fact from late 2014 to mid 2016 you have a multi-year descending triangle on a long term downtrend. When this breaks out and its to the upside 1p will be broken from a multi-year technical perspective. When there is a change in trend it will be aggressive - all IMO.
MNC Why Shorts Are Gunning 0.14p 100% would have agreed with a...
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $8.683M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.305K | 145K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3313847 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1309999 | 3 |
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| Last trade - 14.10pm 08/11/2024 (20 minute delay) ? |
| LCL (ASX) Chart |