Well you would think getting a mining industry would be paramount because world aide and international governments are cutting back aide as reported recently "corruption remains high and if anything more so under the current govt".
Then you have Muthy on record as saying Malawi has no minerals - yep - explain that one. Sadly the majority of people in positions of power or trust care not for country and people but only themselves.
A new govt in 2019 - who knows but people - even uneducated have a voice through their better understanding of circumstances through tech - their phones and internet. Muthy wil do every dirty trick - lure oponents that he sees a threat - lock them up on fabricated charges - whatever.
The new mines and minerals bill to be tabled in coming weeks. Most likely it will drag on for a period or Muthy - like the electoral reforms bill - will simply cleverly navigate his way around it - like I say for personal gain not for country or people. He has certainly shown no intent to fast track and implement this very important piece of legislation that will in turn benefit the Malawi in the form of a vibrant mining industry with a level playing field for investors and all through the newly established EITI in which he had no part of.
Funny - traders loading up again with their little stakes. 14 traders for a little over 1 million shares equates to peanuts but they will reload for next news release - then they'll sell it down again. Some will win - some will loose or wait until the next cycle which is never far away as SVM have previously and will continue to release great market sensitive news.
Must be a pretty ordinary/nervous way to invest for a small return - well probably not with SVM as continued good news flow is certain for now. FMG get hammered by these shorters as with so many stocks - new way to play the casino for many.
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82.5¢ |
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Mkt cap ! $380.9M |
Open | High | Low | Value | Volume |
80.0¢ | 84.5¢ | 80.0¢ | $1.140M | 1.394M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 80.5¢ |
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Price($) | Vol. | No. |
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82.5¢ | 6749 | 2 |
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No. | Vol. | Price($) |
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2 | 30000 | 0.085 |
1 | 31479 | 0.082 |
1 | 50000 | 0.080 |
1 | 50000 | 0.077 |
1 | 50000 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 65992 | 1 |
0.092 | 94860 | 2 |
0.093 | 61500 | 1 |
0.094 | 100000 | 1 |
0.095 | 91426 | 2 |
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