It’s not a case of M4M being a dog, you need to understand the business of rto ( reverse take overs )
Not sure what M4M was doing before and why their SP fell so low, don’t really care.
Throughout it’s misfortune M4M became a cheap shell.
It’s basically cheaper and quicker to take over a shell like M4M than to start a new ipo
A new kick arse asset is vended into it ( much to the delight of previous management ) a new management of company makers like Tolga, Cranston etc. comes onboard and precedes building a successful company
Buyers are lining their pockets with cheap shares as we speak
In my opinion M4M will surge up to 6c ( Maybe more ) this week
Let’s see what happens
NOT FINANCIAL ADVICE
DYOR
Dawn of a new era, page-94
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $140.3M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.7¢ | $204.7K | 5.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 256409 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 1475423 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |