MMA maronan metals limited

february update

  1. 512 Posts.
    • 76 cents ex capital return of 10 cents on 22nd Feb
    • 8% discount to NTA
    • 20% discount to net assets which includes $30M intangible assets for funds management company.
    • When you back out the 54% cash you are buying the current investments at a 32% discount.

    GPG have continued to buy, having bought 2 million shares in Feb. they now control over 14% of shares.

    Though I’m not familiar with all the companies in the portfolio, I do like the names I know. I continue to like the style of the fund and the possible upside from owing a fledgling funds management business.

    I am comfortable adding more MMA at current prices.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
30.0¢
Change
0.035(13.2%)
Mkt cap ! $60.37M
Open High Low Value Volume
27.5¢ 30.0¢ 27.5¢ $229.5K 799.7K

Buyers (Bids)

No. Vol. Price($)
1 4010 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 7982 2
View Market Depth
Last trade - 15.57pm 15/09/2025 (20 minute delay) ?
MMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.