In any event only 1.6% of the total issued capital of MOL was...

In any event only 1.6% of the total issued capital of MOL was traded in Australia yesterday. The volumes traded today might be an indication of real sentiment.

Too early to suggest further retracement IMO.

Pre-open doesn't look pretty but can change dramatically before the open.

If what MOL and others are saying about margins on iron ore production it's still at a more than reasonable price looking at a one year time horizon. Appendix 5B holds the key.

Obviously seems like very bad sentiment over the Moly project. Hard to say if it was traders, investors or both selling yesterday.

Might bounce from here today but have seen negative news on other mid cap companies fall for 3 days before bouncing.

Good luck

;)
Nic