MYL 0.00% 7.0¢ myanmar metals limited

MYL chart breakout, page-33

  1. 7 Posts.
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    With regard to Insto buying there is the issue of sufficient liquidity for the size of transactions they need.

    There is not enough depth of seller shares to allow instos to acquire worthwhile amounts of shares without blowing the share price way upwards.

    Time is coming when share price will break out upward. With or without instos given the thin trading volumes

    Instos will come on a dome point for sure and that will push pricing upwards.

    Perhaps as part of future equity raising - if more equity from new holders will be part of the funding mix. That would put worthwhile amounts of shares on the table.

    maybe there will be no new equity or maybe if it is it will be sourced from existing holders - I do not know.
 
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