MOL
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0.00% 6.9¢ moly mines limited

They have announced a capital raising. The price spike was to do...

  1. unsinkable
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    14/10/09
    10:35
    Post #: 5775313
    They have announced a capital raising. The price spike was to do with people getting in so they could be a part of the raising. The rally coincided with MOL announcing that they intend to proceed with the raising. Happens all the time with stocks, they rally before and during the raising is announced then fall back to around to that price level. Im not saying it will fall further but it could be likely
    MOL Price at posting: $1.25 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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