too many shares on issue and too many traders/brokers on the stock weekly and then throw in majority of holders who are only holding in the hope to trade em as soon as 50% gain presents its self. $1 is another fantasy.
Buy out is a perfect end game and as long as it’s higher then your average it’s a win. Especially for management and their millions apon millions of shares.
Annoying, whinging, rumour mill feeding shareholders wanting over night riches are least of their concerns. Like iv said many times, i can see why “most” people just get ignored by em.
Ann: MXC Operational and Strategy Update, page-28
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Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $13.31M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 28.0¢ | $30.96K | 103.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3377 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 13 | 1 |
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| Last trade - 15.56pm 16/07/2024 (20 minute delay) ? |
| RGT (ASX) Chart |