Despite some concerns over the legitimacy of the newly minted deal, I picked up some MXC today.
Looking at it dispassionately, the newly announced deal could turn out to be a scam, but the odds of that being the case are far outweighed by the benefits in any simple risk/benefit analysis.
A company that has inked a deal for $20m in revenue for a year that has a market cap of only $82m seems almost too good to pass up. And that's only one client. Yes this risk, but I think it's significantly mitigated.
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $12.82M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 26.0¢ | $46 | 174 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9236 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 12 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9236 | 0.260 |
1 | 25000 | 0.250 |
1 | 3620 | 0.230 |
1 | 4448 | 0.225 |
1 | 22000 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 12 | 1 |
0.290 | 1200 | 1 |
0.295 | 174 | 1 |
0.310 | 4138 | 3 |
0.370 | 1469 | 1 |
Last trade - 14.23pm 09/08/2024 (20 minute delay) ? |
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