MML 2.41% 85.0¢ medusa mining limited

Seems to start strong each day lately with buyers lined up but...

  1. 6,756 Posts.
    lightbulb Created with Sketch. 122
    Seems to start strong each day lately with buyers lined up but they all get hit and the price eases back to near its previous closing giving the impression there is a strong seller in the background.
    With UBS as a holder with around 5% and lending stock to 'short' funds, then I suppose you're going to get action like this. Hopefully Ruffer is continuing to accumulate which might eventually discourage the 'shorts'.
 
watchlist Created with Sketch. Add MML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.