Yes, i have been thinking along the same lines..(T20) Who has that many shares to sell at one time and often. At some stage they will run out of shares and patients is required to wait that out. It does look like our re-rate will only happen when that occurs.
Having said that, MMI is a long term investment, and i look forward to our progress next year and i am confident in MMI meeting their production targets especially with the revised OFT.
The share price may be stagnating for the time being, but hitting production targets this year and next, will only strengthen the company, and share appreciation will be a natural progression.
The real excitement is when dividends are an option for the company with excess cash flow, and it wont take much for the market to think the same.
GLTAH >>TK
Yes, i have been thinking along the same lines..(T20) Who has...
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Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $255.9M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.2¢ | $340.5K | 7.837M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3294197 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 6491618 | 6 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.4¢ | 4.3¢ | 7938220 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| MMI (ASX) Chart |