Week Ends In Australia With Trend ContinuingMOL.A ended the week at $0.155 with 170,000 Shares traded. Results for the week 1.4MM shares changed hands and stock price versus last Friday, Aug 23 was up $0.02 (+14.8%). This upward trend actually started Thursday, August 22 and an additional 700K shares have been traded taking the stock price up from $0.125. So in the past seven trading days, over 2MM shares have been traded delivering an increase of $0.03 (+24%)!!
In my opinion, someone or some group is aware of something happening on the acquisition front, and a deal is quickly approaching. I am optimistic that MOL.T shares will soon follow suit.