I wouldn't be surprised if the volume was static ......, but I notice now that their last capital raising is of 3 mill is out of the way ....the market depth slipped . It must have been the sponsoring broker and clients accounting for that 3 million odd of stock at 12 cents .....
I also notice that they have announced that they will fund the chinese venture ( kiss good buy to that capital I suspect )
I also notice that they have excised their right to draw off a bit more capital ......( they must be chewing through that ! )
They now have about 360 million shares on issue ......
It looks to me that this stock might be able to be purchased a whole lot cheaper - soon .
But don't let my thoughts discourage you.
MSC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
