Spot on Chuk, your analysis has been A1 so far and always a pleasure reading your views and insights as you have clearly done your homework. What you are saying about JBH is correct, their ordering is done at a head office level off stock algorithm and not a store level, so MGM will continue to place constant reorders centrally which JBH distribute. What everything is telling me is that we are in a clear growth phase and the demand for the product is definitely there. This is a good problem to have, I would be more concerned if the product was sitting on the shelves and not selling which is not the case. $39m market cap with $4m revenue on the half and $2.5m cash and no debt. I'm continuing to struggle to find another stock across our market with the growth potential that MWR has being such a micro cap company. To many people are trying to value it as if it is a large cap or $300m market cap company and missing the bigger picture, which Chuk you have clearly picked up on.
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.68M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $9.108K | 455.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48602 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 109115 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48602 | 0.020 |
3 | 453927 | 0.019 |
2 | 155560 | 0.018 |
1 | 100000 | 0.017 |
2 | 302561 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 109115 | 3 |
0.023 | 1035000 | 3 |
0.024 | 1050085 | 4 |
0.025 | 320434 | 2 |
0.026 | 362664 | 1 |
Last trade - 13.49pm 01/11/2024 (20 minute delay) ? |
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