Sorry, but in my view this advice is downright dangerous. Mantra's in a down trend and should NOT be purchased at present no matter how good the "fundamentals" look. Why buy now and then wait around for 3-5 years as savvy suggests, when your money could be elsewhere working for you right away? Doesn't make sense. Mantra is broken. It has fallen 40% in the past year and is still falling. Just stop and think about that for a moment. -40%. I hope the fundamentals keep you warm if it falls another 40% from here because I can't see how they have materially changed over the past several years, and if anything, are improving.
I was thinking $3 was the base and I was watching for a move higher, but we have now fallen through that. The downtrend is pervasive and it will take a lot to turn it around. I'll check back in 6 months.
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $31.34M |
Open | High | Low | Value | Volume |
17.0¢ | 18.5¢ | 17.0¢ | $9.365K | 51.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18294 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 14091 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18294 | 0.170 |
1 | 20000 | 0.155 |
3 | 150000 | 0.150 |
1 | 14280 | 0.140 |
1 | 1230 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 14091 | 3 |
0.200 | 14644 | 1 |
0.210 | 41477 | 1 |
0.230 | 32564 | 1 |
0.295 | 5000 | 1 |
Last trade - 12.30pm 23/07/2024 (20 minute delay) ? |
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