MHL 0.00% 0.3¢ monitor energy limited

whats your theory?, page-4

  1. 1,396 Posts.
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    in terms of SP I feel market has already factored in risk of deal faling over.

    no one wants to sell a .03 cents and no one wants to buy at .04 cents under the current unknown outcome.

    That said there is still some $500,000 bid for at .03 so people still see value at that level and are willing to buy if someone sells to them.

    I feel if word on the street was deal was dead we would see volume trades at .03 as people exisited positions.

    In my view no trade volume is a good sign - there is no panic yet (not to say there wont be with an update).
 
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