Don't know if anyone has picked up on the fact that Heron Resources - HRR - who were holding 13% of MKO as a result of divesting ground for the MKO IPO in exchange for MKO shares.
Heron which is currently looking for somewhere to invest its $50 million cash from a previous divestment has been extremely quiet in recent times, but volume and share price activity in the last three trading days is most evident.
Coincidence?? Maybe, but perhaps worth being aware.
MKO Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held