The Crash Cometh – Metals Australia Limited
As posted previously about MLS and the recent trading halt it looks like my prediction was way off. MLS has plunged 41% today on news that its court case over a uranium project in Namibia has been judged and not in their favour.
They have indicated that they will be appealing the courts decision but as [...]
About to pop – Metals Australia Limited
Here we go, Metals Australia Limited (MLS) has entered a trading halt and it is highly likely it is in relation to the court case in Namibia. Good or bad this decision is going to send it moving one way very quickly.
My prediction, it will be a positive decision and the share price could easily [...]
Antares Energy Limited – Official Suspension
I smell something here, having rode the rollercoaster a few times on a number of shares (PNA, LYC, GDN) I know that an official suspension from trading on the ASX is either usually very very bad or very very good for the share price when it is lifted and begins trading again. I’ve yet to [...]
MLS – Metals Australia Limited
This is a speculative stock that I have been keeping my eye on lately. MLS has a number of mining interests covering nickel, zinc, copper, gold and uranium. It’s that last commodity that has drawn interest from investors. The company is tied up in a legal battle in the Namibian courts over the land title [...]