With a trade on Friday 10 June 2022 of A$1.91 by 1135 AEST, how much lower will this go?
I am cognisant MTO has tiny turnover: today in 90 minutes of official trading, just 30482 have changed hands, so one determined seller placing his/her ask on 'at market' can cause big gyrations, but even so, the trend has been down, down for a while, not just this morning.
It's at odds with the excess savings that so many white collar workers, miners and even farmers/graingrowers have built since the commencement of government COVID-19 overreach in February 2020, coupled with great times for companies like ELD, NHC, WHC and YAL (the last three of which I hold).
Interest rate rises and inflation hurt, but less so if one has a savings buffer and in some cases are a homeowner with no or a fairly low mortgage.
In the same way that the ASX issues a 'speeding ticket' for unexplained rapid rises in a SP, perhaps MTO Directors ought formally (re)issue guidance in a similar way to what JLG (I hold) did yesterday.
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Last
$1.10 |
Change
0.005(0.46%) |
Mkt cap ! $80.81M |
Open | High | Low | Value | Volume |
$1.10 | $1.11 | $1.09 | $3.398K | 3.078K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4477 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.12 | 1200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4477 | 1.095 |
1 | 9782 | 1.090 |
1 | 3240 | 1.080 |
2 | 1728 | 1.070 |
1 | 9421 | 1.060 |
Price($) | Vol. | No. |
---|---|---|
1.120 | 1200 | 1 |
1.140 | 1500 | 1 |
1.200 | 7612 | 1 |
1.210 | 8264 | 1 |
1.220 | 6352 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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