MLS metals australia ltd
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You don't want to have a greater than 15% rise in price on the...

  1. SnooperNZ
    34 Posts.
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    06/04/18
    13:00
    Post #: 32271610
    You don't want to have a greater than 15% rise in price on the back of less than 5% of the stock on issue. This build up at the moment is what I like to see. Relentless buying with little price movement. If there is anything behind it, it will show its hand in good time. Whats more, this process of accumulation will dry up the remaining sells and lead to a strong push as those who missed out now come on board.

    It's to early to tell just yet, another 3 weeks of accumulation on contracting volume will give some more clues.
    IMHO
    Last edited by SnooperNZ: typo 06/04/18
    MLS Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
1.9¢ 		Change
-0.001(5.00%) 		Mkt cap ! $14.63M
Open High Low Volume
2.0¢ 2.0¢ 1.9¢ 224.3K

Buyers (Bids)

Vol. Price($)
1541656 1.9¢
 

Sellers (Offers)

Price($) Vol.
2.1¢ 32498
Last trade - 11.00am 10/07/2026 (20 minute delay) ?
MLS (ASX) Chart
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