MDX 15.6% 3.8¢ mindax limited

what just happened?, page-6

  1. 7,157 Posts.
    lightbulb Created with Sketch. 160
    There was an awful lot of buying not so long ago by one of the directors a good chunk of which was in the 40c - 50c range ... so I wouldn't worry too much about one seller in a weak market.

    As we approach the end of the calendar year some holders, especially if they are non aussie instos may find themselves to be forced sellers of any number of stocks to meet redemptions and tidy the books up etc...

    I sold a few of mine in the mid 40s as I was sitting on about 100% profit but I still hold loads and will continue to do so until the full story unfolds.

    EB


 
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