Market depth irrelevant. Plenty of traders in this from Friday and there will be some T+2 that bought on takeover rumours so be prepared for some wild swings. I think there is still an off screen seller lurking. Anyone happy with a couple of pips is insane. I think 12c (MC approx $50 million) is a realistic short term target. Any takeover offer would want to be well north of that.
Biggest position ive taken on a stock to date and happy to ride it all the way.
MKO Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held