Hi Gosh
I have watched and traded MAQ for years, it looks like they are planning to raise capital in the near future with the 1:10 consolidation.
The stock has had a liquidity problem for years, and now there are only 20 million shares on the register.
David & Aidan Tudehope own 61% of the stock, which futher hampers liquidity.
The company turned over $230 million in revenues last year for a $7.4 million loss, and is valued at $22 million.
Imagine what they could do if they slowed expendiure and cut costs !
I wouldn't touch them at the moment, but you get the feeling that they could jump out of the ground over the next year or two.
heading east, page-2
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Last
$93.66 |
Change
-0.360(0.38%) |
Mkt cap ! $2.413B | |||
| Open | High | Low | Value | Volume |
| $95.59 | $95.59 | $92.24 | $2.549M | 27.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119 | $93.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $93.70 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MAQ (ASX) Chart |