MML 2.41% 85.0¢ medusa mining limited

Ann: Change in substantial holding, page-24

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  1. 330 Posts.
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    @miningnut: That might well be the case, but today's price action is totally consistent with what we are seeing recur on a daily basis.

    Opening pay-up bid for 60,000 shares at 30c.

    Then somewhere down the line someone sells 2,600 shares at 29c and pushes the price back to unchanged.

    It is so consistent that you wonder why the seller didn't just sell at 30c on the open by offering 29.5c?

    It consistently does not make sense at all from a trading perspective, which is why I'm reading more into it.
 
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