I think people soon forget and media focus soon shifts to the...

First 8 Last

Share
Profile

Follow
thecone

2,490 Posts.

127

29/06/17

16:55

Post #: 25570944
Share

Originally posted by miningnut ↑

Definitely is one persistent seller(probably a Fund) this month that has been clearing a buy line or two every day, including today. There is always an end to a seller's shareholding whereas new buyers such as Ruffer Gold Fund(valued at UK702mil) and Arbiter Capital Partners(assets under management of US$797mil) show no signs of ceasing to accumulate shares of MML.
The trouble on Mindanao has been confined to the city of Marawi and as the militants have now lost over 400 men it is probable that the conflict is coming to an end. I'm sure the Philippines govt has learnt a painful lesson and more resources will be channeled into monitoring activities of these groups in the future. Duterte has a special interest in improving economic life and security in Mindanao as he was the long time mayor of Davao City. I'd be surprised if Martial Law wasn't lifted during July but they'll always be a discount applied to MML's share price given the sovereign risk especially in this part of the country.

Expand

I think people soon forget and media focus soon shifts to the next thing...
Sentiment is fickle. .as we all know.

Mml been to the races before not that long ago...if pog goes mml will too..this purge if successful may even improve sentiment in the future..perspective can change.
Cheers tc.

MML Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

AIM

Strickland continues bonanza gold results from Rogozna

There are more pages in this discussion • 29 more messages in this thread...

First 8 Last

Add MML (ASX) to my watchlist

I think people soon forget and media focus soon shifts to the...

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Strickland continues bonanza gold results from Rogozna