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zmans

10,332 Posts.

318

13/05/16

09:41

Post #: 17755855
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Originally posted by L Burrows ↑

I think the biggest giveaway was yesterday's lack of volume - as you quite rightly put it, it's still not a full confirmation, but in my opinion this highly suggests that most sellers aren't willing to distribute at these levels, meaning if anything - its a matter of time until we see higher highs.

Lets not forget that between now and the meeting in June/July, there will be marketing strategies through key broker presentations (professional and institutional), as well as probable planned media coverage on free-to-air TV.

In my opinion, this is just the humble beginning.

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LB you are right about media exposure. A mate of mine who works in media told me last night MNQ/Epat will be on channel 9 news which will be broadcast nationally, apparently interview and filming was completed last week and its now in editing. Nice bit of exposure coming our way.

MNQ Price at posting: 2.2¢ Sentiment: None Disclosure: Held
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0 Great analysis

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