MML 2.41% 85.0¢ medusa mining limited

I hate to say it, but ..., page-4

  1. 6,756 Posts.
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    No none of the selling bids got pulled during the auction - the one large seller of 69k got slowly eaten during the day until he was under 40k entering the auction and then the buyer for 173k in the last 10 seconds of the auction ate him and the rest. I'm sure it wasn't George as he still had his bid back at 37c. Just somebody that probably needed to square their books coming into the long weekend - can't imagine someone taking a gamble on Trump dropping bombs from Afghanistan to North Korea and an exploding gold price.
    A good rise of 16% from 40c to 46.5c within the last week so probably some consolidation in the coming week as there always seems to be stock entering the market from UK and Canadian sellers in a never ending process due to Medusa's prior involvement in those markets and are represented in holdings of National Nominees, Citicorp Noms and JP Morgan Noms at the top of the Register.
 
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