Geeze you are negative on this stock.15c is approx 4.3X today's SP which would put the MC (at 15c and today's SOI 3.23 B) at just under 500M dollars, hardly "wayyy" up there as someone posted earlier that M4M's resources in the ground are worth $38 Billion.
Even if it's just a fraction of that value, then even at a 1 or 2 billion dollar MC it would still be CHEAP if they are producing, which Rushton plans to do ASAP.Do these other IO producers with tiny MCs have something like Goldsworthy under the their belt? I bet not.
M4M, page-202
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $140.3M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.7¢ | $199.1K | 5.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 801264 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 1490954 | 6 |
View Market Depth
| Last trade - 15.21pm 05/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |