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sp has now broken above the 200-sma, it might actually go for a...

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nt_1973_au

7,543 Posts.

81

04/05/17

10:56

Post #: 24464211
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Originally posted by aceagles ↑

Could easily be another false alarm but someone seem to be keen to suddenly accumulate or alternatively further add to their holdings.
That initial 1.26million shares was sitting there at 1cent on the buy side well before the opening.
Maybe another false dawn who knows but the initial signs are ok and the largest individual order currently on the buy side is 3.44million shares at 1cent followed by two more 1million share orders at the same price with 5million odd available on the sell side at 1.1cents which has three individual orders of 1million or more shares waiting in line.
If those get chewed through, a big if, then we might finally see some real movement.
No surprise really as I would have thought the last couple of updates would have to attract some short term speculative buying especially at or around this price with so much potential upside.
Again though they need some real results if and when they achieve that goal then all of MRD's issues will disappear at least for a while.

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sp has now broken above the 200-sma, it might actually go for a run this time, imho.

Last edited by nt_1973_au: 04/05/17

MRD Price at posting: 1.1¢ Sentiment: None Disclosure: Held
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