MIK 0.00% 1.5¢ mikoh corporation limited

why the rise?, page-2

  1. 213 Posts.
    re: why the rise? directors buying not sure doc but agree they are looking good.
    not much of a rise and more to do with being oversold before the recent placement was completed I feel. once placement was completed in january stock has started to improve slowly or maybe its just getting a few punters in hoping the new ceo which was much needed will change past history of underperformance.
    has only gone up a bit over 1c so hardly a big move.
    not a stock where theres lots of buyers or sellers so doesnt take much to go up or down.
    just slowly edging higher due to supply and demand factors probably.
    very good sign over last few weeks as two seperate directors have reported adding to there holdings.
    also a report yesterday of old chairman retiring and new man in the seat.
    just seems that finally the pieces are being put into place.
    potential has always been there and hopefully these new guys will see it finally reliased
    thats what im hoping for anyway
 
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