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85.0¢ medusa mining limited

MML's future, page-4

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porkbarrel

257 Posts.

08/03/17

13:53

Post #: 23185874
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Originally posted by georgegeorge ↑

Miningnut,

I think that the bad communication is for a "good" reason - in silence somebody could be adding up on a position.
This happens far too often & formally the board of directors is not breaking the law.
I am following the communicational disaster of MML for a while now & for me this is the only reasonable explanation.
You have to consider the fact, that according to my research Australian pension funds have been adding up on their MML positions recently or respectively opening new positions.
Something VERY important - volume is suddenly climbing, which means that somebody is already pursuing index/indexes participation. Then you always need an index participation for a climbing share price.

This has always been the game & now it takes place with MML too.

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I agree somewhat. I am thinking along the lines that it would be pointless for them to build their position right before a capital raise, so maybe we are close to the bottom? I can't see management announcing a capital raise soon but who knows?

MML Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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