I think Twincreeks raises a very interesting point.
Lets face it, everyone has been hanging out and positioning themselves for what lays ahead in the coming months.
So with only 101m (approx) shares to work with and a large percentage of them locked up, this will imo become a very tightly held share not allowing any insto of note to get in. Yes, I know the obvious answer to that is that they are just going to have to pay for it which drives the sp up. But to me, there just won't be the number of shares available for them to want in.
Whether that be good or bad I have my reservations but when I think of where this could go, 101m shares is just not enough.
If someone came in with $6m today, they could own 10% of the company. Thats not a lot of money.
So, if MHM is to go to another level and venture into the Top 200, then to me, we will have to have some dilution in some way but I will leave it to you experts to work out.
Just my inexperienced ramble.
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Last
45.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $235.4M |
Open | High | Low | Value | Volume |
45.5¢ | 47.5¢ | 45.3¢ | $352.9K | 769.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 14929 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 90896 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 14929 | 0.450 |
1 | 15000 | 0.445 |
1 | 10000 | 0.440 |
2 | 70000 | 0.435 |
7 | 60206 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 90896 | 2 |
0.490 | 20000 | 1 |
0.495 | 20000 | 1 |
0.500 | 78291 | 2 |
0.510 | 67228 | 3 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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