RE: Mayan stake.20 Oct 2017 09:40
bermondsey, i don't think that anyone over on the myn board
ever offered a shred of evidence that mxo had sold its 14+%
in myn acquired at 0.30. i had mentioned mxo's three month
lock-in expiring circa 2nd week of november, which would add
another 100,000,000 to the placing overhang over that share...
--> that led to another poster ('helpful') questioning whether
mxo still held the shares, and if the lock-in might have been
relaxed early. but he didn't say that mxo had sold, nor did he
provide any supporting evidence for his idea. helpful has been
a very, very persistent bull for myn for years despite endless
placings and huge dilutions, & i suspect that he was simply
trying to downplay that extra overhang from mxo's share as
part of continued attempts to pump myn. up until yesterday,
the trading volumes in myn simply do not support the idea
that a big holder such as mxo has been able to dump 100mill.
(and if myn had strangely chosen to release mxo from the lock-in early, it
would be naughty not to RNS such price-sensitive info about large stake.
mind you, AIM being what it is, it is hard to rule out some naughtiness, eh?)
(yesterday's myn volume higher, but still not at profit level for mxo.)