I don't think the roadshow will cause it to explode.
I do think the roadshow can see MHM at or near all time highs as it will educate more investors who are presently unaware of the stock's potential and plans going forward.
But I think what will cause a real rerating ($2 plus) is proof of Moolap profitability after the upgrade is finalised and/or a big contract in the USA. Either of those scenarios enable the risk averse side of the market to start attributing value not only to existing operation but also to rollout of further plants.
If that happens we'll see funds trying to buy scarce stock and a real squeeze.
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Last
53.0¢ |
Change
-0.005(0.93%) |
Mkt cap ! $279.5M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 52.0¢ | $125.2K | 236.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 66475 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 234464 | 2 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| VYS (ASX) Chart |