MAT 0.00% 2.6¢ matsa resources limited

Ann: Trading Halt , page-7

  1. 4,723 Posts.
    lightbulb Created with Sketch. 331
    Ddzx

    It's the speculative company business model.

    Expectation of news. Pump up price. Raise capital. 'Encouraging' results. Share price tanks as sophisticated (and I use that word very loosely) sell.

    Start again.

    But with huge dilution and from a cheaper starting price.

    Continue until $0.001.

    Recapitalise.

    Start again.

    Such business models must be sold as a 'how-to' flow chart.

    Sheesh.

    Milesy
 
watchlist Created with Sketch. Add MAT (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.000(0.00%)
Mkt cap ! $14.31M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 42307 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 350000 1
View Market Depth
Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
MAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.