My post states where your company's balance sheet will be, as stated by your company in the last quarterly.
As many have noted, MAK is an excellent barometer of very short term general market risk aversion, and as I do, mark it just as that.
The tremendous emotion, angst, ongoing verification and admiration of, in my view, pointless speculative & immenslry flawed forecasts have somewhat settled from the $10.00 upward bracket, but yet, to some extent, it continues.
IMO, the posters who are heckling for blue sky are those who need it and fair enough - so be it, I wish them luck. MAK is a speculative stock which flows with the tide with some potential.
However, the same daily commentators on the MAK thread need to cease or at least soothe their forecasting so as to not drive others into an abyss that they cannot afford without understanding the immense risk of both marine mining for phosphate off the Namibian shelf, and the capex, and hence immense dilution needed for any project to come to fruition in the NT.
Some posts demand a rebuttal.
Regarding the blast I received then from a few, this only underlines the the implications of this post. Regarding the share price and my own forecasting, well, my MAK posts are available for all to see.
Caveat emptor.
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Mkt cap ! $9.396M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 19698265 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1110491 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 19698265 | 0.004 |
14 | 7290252 | 0.003 |
4 | 3175000 | 0.002 |
6 | 10199950 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1110000 | 2 |
0.006 | 6200824 | 12 |
0.007 | 2887938 | 5 |
0.008 | 4852760 | 7 |
0.009 | 1106000 | 2 |
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