Robhood, found this on the MAE thread, if you know anything about MAE and the troubles they've been having then you'd take any comments from this mob with a grain of salt...
8th March 2010
Hello
While the Australian market has recovered a lot of the losses incurred through GFC the micro stocks have been slow out of the gates and in fact have gone backwards. This scenario provides opportunities to get in at the bottom and make large % profits.
Marion Energy (ASX Code: MAE) Slumped from 20c+ to now sitting on 6c mark. An influx of cash has improved their position and only recently there was talk of a takeover at 80c if any truth at all in this MAE is a true bargain.
GBM Resources (ASX Code: GBZ) Again down from 24c a few weeks ago to about 12c now. Company still confident of major phosphate JV with Japanese major and looking at 35c very soon.
take a guess ?, page-17
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Last
36.3¢ |
Change
0.008(2.11%) |
Mkt cap ! $522.9M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.5¢ | $596.1K | 1.648M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23814 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 211909 | 29 |
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| Last trade - 14.17pm 20/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |