Arthur
I posted on MRL not thqat long ago. Basically Millers have had two (very) large institutional parcels on their register. These two insto's have been selling down for several months now, and the smaller players have not been able to absorb the selling.
Watching the trade action closely (I hold a "few" MRL) I get a feeling they have not finished yet - but must be getting very close.
Hence any rally resulting from better than expected results, buy/strong buy ratings being delivered by brokers, etc is short lived.
Must be getting very near the time to being a pretty safe buy.
looking strong, page-3
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 (20min delay)
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Last
30.0¢ |
Change
0.005(1.69%) |
Mkt cap ! $123.3M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 30.0¢ | $32.72K | 109.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2006 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 27482 | 1 |
View Market Depth
| Last trade - 11.41am 04/12/2024 (20 minute delay) ? |
| MRL (ASX) Chart |
