Depending on if you a trend player. As you know the value of MZM is worth around $0.125 (6.5M over around 45M shares). Since its volume has been going up but not the price, after a while, the spike will happen. Dont get me wrong, i have sold all my MZM shares already because i recon the further dilution wont do the SP any good and all the news are out. And without any results due, there is nothing much to hope for this share a.t.m. Seller wont sell because they will lose around 40% minimum, buyer wont buy because they are scare. So the flux around this price continues....
updates reply from justin, page-13
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Last
24.0¢ |
Change
-0.010(4.00%) |
Mkt cap ! $52.77M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 23.5¢ | $27.18K | 112.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 3214 | 1 |
View Market Depth
| Last trade - 15.52pm 22/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |