MML
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2.41% 85.0¢ medusa mining limited

MML SP Tank

  1. kevin1811
    36 Posts.
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    23/03/16
    16:00
    Post #: 17348032
    Why did SP suddenly tank by so much. The most obvious reasons don't seem to be logical.

    CEO + ASX 300 Removal: Considering that the CEO was hired 2 days ago as with the removal from Asx300, why didn't the SP drop immediately after the announcement on Monday (actually increased by 3% i recall).

    Gold Prices: Although gold prices sank 1%, this shouldn't be enough to quantify a 12% drop
    MML Price at posting: 70.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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