futhermore, the buyback is effectively putting a floor on the price. notice since July 12, the volatility of Mak's SP has decreased significantly to less than 5%. We see a consistant price floor of $0.12 over the past 2 months.
Upside potential with little downside risk - they still have 20,000,000+ shares left to buyback if need be.
Results from JDC any day now. i can not see any major problems arising except the temperature consistency of the kiln for perfect efficiency. This will be a trial and error system, configuring the heating elements over time. I simply can not see how this large scale setup will fail, given it has already been proven on a smaller scale.
here we go, page-5
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $30.59K | 3.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 250747 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3340823 | 7 |
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| Last trade - 10.05am 08/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |