MKO 0.00% 7.0¢ metaliko resources limited

Ann: Ceasing to be a substantial holder-MKO.AX, page-9

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  1. 3,025 Posts.
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    Our seller looks done. 160k seller today was someone that lost patience who was trying to get out @ 6.4c when our seller started hitting the bid. Not surprisingly 2 mill market churn coincided with 2 mill off market transfer @ 6cents. Probably thought they'd make a quick $7.5-10k. I think they they'd be lucky to break even after brokerage and transfer fee.

    Wow what a sloppy register its been with these chinese placement holders. Jia Song 18 million shares left. Hopefully they are happy to hold onto the rest and not try to pull the same move.
 
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