People just need to think couple of questions before buying or selling MXC.
1. What will be the expected profit/earning of MXC in the future? Everyone can have their different opinion on this. 125k? 500k? 1 million?
2. Secondly, how many shares are on market now. Currently it's 1.2 Billions, whether more dilution will come, no one knows at this stage
3. Work out the Earnings-per-share (EPS) by dividing the expected profit by 1.2 Billions shares
4. Assume the expected profit of MXC is 500k (net income) , with current share price of 4 cent,
Therefore P/E Ratio is about 0.04/(500/1,200,000,000) ~~ 100
Correct me if I am wrong.
AIMO DYOR
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I was in long term, bought in May 2016 for 4.8c, I sold the other day for 4.6, I completely lost confidence in the management after these latest delays and then a change in contract. Id rather watch from the sidelines right now!
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.48M |
Open | High | Low | Value | Volume |
32.0¢ | 32.0¢ | 32.0¢ | $6.948K | 21.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1666 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1666 | 0.310 |
1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
1 | 4545 | 0.220 |
1 | 4761 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 1000 | 1 |
0.360 | 12028 | 2 |
0.365 | 100 | 1 |
0.370 | 2000 | 1 |
0.400 | 1165 | 4 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
RGT (ASX) Chart |