MRX 0.00% 0.7¢ matrix metals limited

imminent news, page-4

  1. 920 Posts.
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    80c.....I wish lol. Whilst I agree that management has been uninspiring at times, I don't think they can be held accountable for the current sp malaise.
    Have a look at the trading pattern and volume over the last week or so..every time it pokes it's head above 08 it's being heavily sold into by somebody (maybe trying to hold the vwap down ahead of a t/o/ bid?)...or maybe they simply need to liquidate their position and can't wait for what should be a good quarterly given the current price of cu.
    The former sounds more likely to me...maybe it's IGO themselves?...they hold enough shares to be able to do it.




 
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