looking at broker data for 1 march - 1 may
Pershn, MacEqu and UBSAus have been selling, without buying any shares, while the retailers have been buying
and then price jumped up 200%
so I don't think it's a case of "they must know something", but clearly just a case of wanting to get rid of shares for whatever reason at whatever price, despite the fact MRF is sitting on some amazing assets
it seems to be holding its own fairly well despite all the heavy selling
not sure when the selling will stop, but I'm taking this opportunity to buy some more, because I value the fundamentals and look forward to a massive share price re-rate this year, and once the relentless selling stops, this is going to fly
MRF Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
