Waiting
You are right on the button.
Directors are working hard to progress this further - each has skin in the game which is a good sign.
Latest quarterly says "engaging with several interested parties" - so they are talking to those in the industry and on the right track.
Whilst more interest is being shown in the stock as the price of high quality iron ore pellets increases, any "decent deal" with a good partner will see a complete re-rating imo.
Current market cap is a paltry A$4m......
Time will tell.
Ann: Second Quarter Activities & Cashflow Reports, page-8
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $7.014K | 28.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 46567 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 10764 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |