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Bongo...some announcement needs to be made by 21st January under the shell rule.
If there has been a lot of buys in Oz then would seem like something is brewing.
He will need to place usually around 4p so my guess is double or treble from here
hi bullshares, are we close to get any news about acquisition/rto what do you recon, seems over aus relentlessly buying and here UK looks quite, but I am confident we will get news this week or probably next week, if positive news lands than the sp we can expect 4/5p what do you think.
Just over 1 month to go so something will be going on.
Hopefully a good deal on the table
i don't think people will be selling cheap anything under 1p is a bargain .
Volumes today on the ASX about 10 million traded and i think this will be at 3 cents AU by Friday or tomorrow when the ASX opens . it rise quick because it's a small Retail of about 130 million shares with over 70% held buy top 20 and their would be small investors with 500.000 shares so it can rise 20% daily .
Asx up 20% uk will follow, I am banking here
ASX RMP up 20% it opened @ 2.1 cents AU it's up 2.5 cents AU at 2:47pm Sydney time .
You be getting any under 1P i think !
buy 1p sell .95p tight spread
Once that news comes in, the MMs will likely tighten spread for movement of SP
Cwebb07, cheers mate
Good strategy Bongo I like it
looks baker knows something that we don't, I am going to follow baker and smart money wether win or lose.
MRG Metals Ltd Consolidated Financial Statements 30 June 2018 .
K Baker Number Held 39,135,089 million .12.18%
link below ....
https://www.asx.com.au/asxpdf/20180928/pdf/43yt18h6fy8r74.pdf
Could we heading toward a Reverse Take Over? What are your views?
TITM
With top 20 share holders holding over 75% of the register that leaves about 130 million retail shares left
525m? After directly holding, how many does that leave?
When do people expect news here??
i'm sure a lot of things go on, but given only what we know this is bonkers
Are you suggesting it never happens ;)
i tend to agree (AU$ 500k) - but wouldn't that suggest insider dealing??
When was the last time this happened.
£500k buy from Baker is not just a punt
Well it closed on the ASX today at 2 cents AU highs of 2.1 cents about 40 million traded
His the biggest options holder in ASX MRQ
His the biggest options holder in ASX MRQ
1p to sell now
Why the sudden interest?