just seen a buy that looks like a buy...
for whatever reason people want buys to look like buys to build momentum and for comfort!
so id prefer a spread where a buy looks like a buy and sells look like sells
the trade list would look quite different
lol you;ve changed your tune...
maybe some placees are still happy to top slice their holdings and offer them to the market cheaply??
frustrating but i am sure this will turn at some point,,,,,
many thanks upenn...any other detail - regular news after the results sound like there might be some progress expected on assets....lets see if the market likes it
no worries didn't say you were hiding anything!..... there may well be value here - again cash is king and MMO still have more than the current market cap which is always of interest....and given the interesting liquidity if there is good news coming then this could really surge....so awaiting the update
you aimbuster??
MMO could go up simply on 1 buy....as stated yesterday it swings pretty wildly due to lack of lqiuidity - you could buy 150k at 4.15p yesterday - couldnt buy a bean at 3p today...
cant check tdw as im locked out...but HL cant buy now
I think its trading sub cash so you can argue it is cheap.....but co need to update us as to where the assets stand now
twatter
Aim Buster ‏@AIM_Buster 1h1 hour ago
#MMO Speculative. See RNS dated 29th May 14. 30% interest in alluvial gold co w/ projected 25-60kg/month. MC £0.5m. To good to be true?
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Aim Buster ‏@AIM_Buster 9m9 minutes ago
@AIM_Buster phase 1 25k gold per month = $900k/month. 28% cost. Profit = $650/month. + other investments. MC=£0.5m. To good to be true???? 😕
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Aim Buster ‏@AIM_Buster 1m1 minute ago
@AIM_Buster if all true (BIG IF) then x10 bagger+ possible. Dyor
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Why as the other poster got my post removed that showed that you could buy 150k shares at the moment he said you couldn't buy any. MMO is highly illiquid and the limits can go from 150k to zero v quickly - people also pay over and sell under due to the poor liquidity - it's also a reason the share is so volatile and susceptible to big swings. It's easy to trade in small amounts and looks like our regular friend simply buys sub 3p and then sells as soon as the price surges to 4.... Now that doesn't mean that there won't be some news or an RNs and yes I've read all the news and I know it's trading at a discount to its assets - however someone is simply exploiting the lack of liquidity to make money ... I see it's back to 3p offered....I can buy tomorrow at 3p and wait and at some point I'll be able to sell for 3.5 to 4.5 p for a quick profit....and then it falls back again and rinse and repeat....that's the way it trades and not anything to do with the assets...which may well turn out to be well worth the wait but as of yet the co has not given out any update for a v long time....let's hope it's a good one.
My post removed for showing that in fact you could buy 150k at 4.15p when a poster said you couldn't buy....if this post is removed I will report you to the FCA for market abuse and ensure LSE know your history.