Ok, I was on the phone with MKO this morning. In short this is what was said to me.
- Earlier (days and weeks ago) the selling was coming from UBS. The reason behind it was a disagreement between UBS wanted from MKO and what MKO was willing to agree to.
- The 500k seller was not UBS, the director will find out tomorrow who it is.
- The directors are not in the least concerned, it is totally non reflective of the come resource announcement.
MKO Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held