jt, I don't know about a substantial share holder notice because of the large number of shares on issue but the sp has certainly been on the upward trend reflecting wider market positive sentiment. From 11c on the 10th of march to 25c on friday and the general increase in volume indicates a steady confidence growing in MOF that, with a few rises and falls along the way, should be in the 26c to 28c vicinity by the end of June. Sort of three steps forward two steps back on an intra day basis but the trend is encouraging for those of us with long positions. I still have strong doubts about the U.S. financial position and expect their dollar to plunge some time in the next quarter as the reality of their debt and printing of money impacts on the dollar U.S.value. I think the sooner MOF further reduces it's exposure in the U.S. the better.
MOF Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
