That 5 mill sell order at 24c will get pulled as we get back up to that level. He/she is known as a warwick "capper" trying to contain the shareprice whilst filling up their boots with more MCS shares. Could it be our friends at Crown Financial ? I am happy to call them friends and thank them for supporting the sp and seeing great value at these levels.
Talking about friends, don't think we have many friends in "chart" land . Some chartist will start posting if the shareprice goes up by 30% in a day and then we will start getting some assistance, by then the horse has bolted. Thank God I didn't wait for any chartist confirmations when the sp was sitting at 11c-12c and obviously hit 22c yesterday - would have missed out on that big run. !
Finally, the gap at 22.5c was there yesterday to fill, got awfully close - just a matter of time before 2nd attempt at the gap, next week !
SRF Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held