MTU 0.00% $12.17 m2 group ltd

so close, page-3

  1. 512 Posts.
    SD
    Thanks for all your coverage on MTU.
    The price action since the earnings has been very interesting.
    http://www.google.com/finance?q=asx:mtu

    The initial jump on the day, followed by three flat days and even seven days later MTU could still be bought for $1.70.

    I don't think it is adding to the All Ords that has caused this. Keep in mind that index funds don't try to exactly match the index, they replicate it buy holding baskets that reflect the movements. So no need for any of them to rush out and buy MTU.

    I think it more likely that it is the delay between results and analysts getting their reports out and the following touting by brokers.

    High volume the last couple days, but nothing to indicate major insto buying.

    Some commentary on M2 http://www.fusioninvesting.com/tag/mtu/
 
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