I'm out for now.
As others have noted; MRQ will have 2.2b~ SOI fully diluted. At current prices that's a $45m~ EV given the funds from the conversion of the OB's. I think there's better value out there.
I completely understand that if those milestones are reached then fundamentally could be in a different situation, but I still don't think it's as an attractive value proposition as it was sub 1c.
Appreciate the great posts from Sally, BMWgirl and others - I've learned a lot. BJ and NL - you undid all that I learned. Thanks for that.
Good luck all.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $511 | 130.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 22560396 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8765154 | 6 |
View Market Depth
| Last trade - 11.49am 22/07/2025 (20 minute delay) ? |
| MRQ (ASX) Chart |