MRD 0.00% 0.1¢ mount ridley mines limited

I still do not understand why the ASX has not issued a "please...

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  1. 3,045 Posts.
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    I still do not understand why the ASX has not issued a "please explain" for the massive volume on Sept 1 in the hour or so before the T/H was called re Hole 2 results. That absolutely warrants a Please Explain. If the final advised outcome of Hole 2 is there is basically nothing there ( which seems very plausible given that any nickel hit would have been trumpeted out loud and clear) , then does this 50 million trades indicate something smelly. Maybe the ASX is waiting to hear also about Hole 2 and then issue the Please Explain, if not, there will be a lot of angry shareholders contacting the ASX to ascertain what was behind the 50 million shares. It has been said but some posters it cannot be the 2 ex-directors selling because surely they would have foreknowledge or some degree of insight if the hole was not living up to expectations and I imagine ASX Trading Rules would preclude directors trading within a certain time frame of having market sensitive information. If so, then what entities did the unloading
 
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