Interesting, someone had a 1 million share buy order posted prior to opening today at 1.4cents. Seems suddenly that perhaps people are keen on accumulating again.
Someone or perhaps several buyers appeared to be steadily accumulating last week and it will be fascinating to see if this trend continues this week.
So MRD does 1,140,000 @1.4cents worth of business on opening today to open ever so slightly up, that doesn't sound like a lot but 1 million of those shares were purchased by a single buyer.
But 25 minutes later on commsec there are still no follow up purchases.
The question remains are people finally slowly starting to realise, given their potential, that MRD is enormous value at these prices and will we continue to see more quiet and steady acquisition this week and over the next few weeks?
MRD Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held