Indeed, still a huge percentage tied up in a small number of holders. Liquidity is still poor IMO - I could have the SP back at 39c by spending around $35k soaking up all the offers, so not too concerned...yet. The bigger sellers are camped around 40c, as per the following few weeks.
I personally think the announcement has spooked the smaller traders, who were on bandwagon following the trend.
To steady the ship Lewis needs to get some of the announcements rolling in. MLA still has solid prospects and plenty to look forward to IMO.
MLA Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held
