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i have it at a break of 3.4 cents, Darvas boxsam76 said:could be something big - some pretty big volume has pushe this up a lot of the last month or so.
Is it the enigmatic Japanese order that we've heard so much about????
Great volumes but like you say 3.4c is an important mark on the 12 month chart . In myself @ 3.2c and looking for some good support in the morning.explod said:Looking strong, a close in the next day or so at or above .034 will see them flock in. The very high volume since October 06 with the price rise indicates something big going on... any other ideas
I am not authorised to give financial advice and purchased a small punt on MSC recently
only difference this time the buying is being done on large OBV. For example at end of trade today, there were 53M buyers and only 30 M sellerssam76 said:I took profits today.
MSC has a history of shooting up on unsubstantiated rumours (Japanese order) only to sink down to around 2-2.3cps.
There are over 1.5 billion shares on issue and
they don't have that much cash in the bank either.
Mind you the majority of my holding remains for the long term.
Their Kaolin is the brightest and finest in the world.
they had an independant valuation of 17cps a couple of years ago.
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