Post by
rallard on Apr 03, 2012 9:17am
Huge
volume on the ASX last night, 1,035,000. I am guessing Anglo Pacific was buying again, the insider trades will be listed in a day or too I suspect. We wait and wait some more for PAN to try and combat AP's move.
Comment by
Sherry35 on Apr 03, 2012 1:26pm
I suspect a second offer maybe in the works with Anglo Pacific continued acquistion of open market shares. IWith some producers running out of ore, MMW's Ontario property bodes well for a producer looking to expand or enter North America market. I've averaged down to .155 PPS.
Comment by
rallard on Apr 03, 2012 10:52pm
large volume continues on the ASX, 2,000,000 + so far. We will see in a couple of days if it was Anglo Pacific. I am betting it was. I tend to get confident when I see an insider and a possible competitor to the bid for Magma buying almost daily. Time will tell PAN backs away and MMW gets to expand their properties potential, PAN increases their bid or AP comes in and clubs PAN into submission.
Comment by
NickelZinc on Apr 04, 2012 2:42pm
rallard where do you check for Aussie insider trading (the equivalent of sedi)?
Comment by
rallard on Apr 04, 2012 10:06pm
Because MMW tades on the TSX all insider activity must be reported even if the trade happened on the ASX. INK reports show all the activity, AP is very punctual, about every three days they reveal their purchases. If AP is buying be assured thay are doing it for a reason, this company is managed brilliantly.
Comment by
NickelZinc on Apr 05, 2012 9:17am
yes I know, but do you know where can I find that info?
Comment by
rallard on Apr 05, 2012 9:40am
I use TD Webbroker and INK is supplied with that platform, it is updated every morning. The other trading platform must offer a similar service