Watching people sell M2ROA today at 0.4c and I seriously question if they understand the value of anything.
A seller just popped out almost 4mln at 0.4c to put $15,000 in their bank account.
The stock is 1.6c...and the options have 3years to run...which means even if the stock falls back, that holding would still be worth $4-8,000.
If I said you can have the difference now...ie. $7,000 OR 4mln shares in a company that could be worth anything in 3 years then surely the upside is worth staying with the stock.
OR do you need $7,000 that desperately.
Because if it turns out the stock goes to $1....boy that's gonna hurt.
M2ROA, page-5
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.777M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $3.512K | 501.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5022918 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2487220 | 6 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| M2R (ASX) Chart |