It jumped because other MM stocks jumped....in concert with Australian research regulations...and , of course, there were those that see the signals and purposely push the stock (pump and dump) as they know how to play the game. And if you can get on the train and get off in time....you do well money wise.
It is my opinion that MXC is setting up for another run. It could happen tomorrow or in a few months....one never really knows as a small shareholder. but some good news could set it up quite easily.....as people speculate the future of the company.
A small holding for the LT doesn't hurt. As one of the funds in the Sydney Morning Herald stated...they have invested in 4 ASX listed companies.
Ann: March Quarterly Activity and Cashflow Report, page-21
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Last
33.5¢ |
Change
-0.085(20.2%) |
Mkt cap ! $16.21M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 33.5¢ | $56.04K | 154.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59999 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 653 | 1 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| RGT (ASX) Chart |