MON 0.00% 29.5¢ monarch gold mining company limited

mon sale, page-4

  1. 706 Posts.
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    Hi Manila,

    It is only $30,000, but why would you be buying?

    (a) Speculating - if MON has positive anouncement and goes up about 10 cents say to 55cps then the RTS are worth $300,000.

    (b) Accumulating - someone wants to buy in.

    (c) Dumping - someone does not want to participate in RTS, but there was NOT enough buyers at start of day to absorb 3m shares. May be organise transaction.
 
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Currently unlisted public company.

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