MFE 0.00% 1.0¢ magnetite mines limited

consistent buyer, page-3

  1. 1,840 Posts.
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    I also hold this stock and will hold for some time.

    My thoughts on the buyer at the start of trade is that it could be an overseas buyer accumulating.

    Take UK for example, at the opening bell in Aust it is about 11pm the previous day in UK, they send a buy order of say 150,000 shares at market. Bang they pick them up at 10am EST and sleep on. The next day they do the same.

    Marcus has admitted in his last audio broadcast he and the MD have been to London.

    My thoughts only, if it is correct good luck to them they are getting a bargain in my opinion.

 
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