Mr Patience, you are going to look like a clown very soon , so i suggest you sit down...
The lovegod , like all of us, is a little impatient grasshopper , so i let my feelings be herd and i must say we all need to remember this little fact...
DIRECTORS : --- Own over 40,000,000 shares between them and there wives / cousins / aunties / uncles/ etc..
Every 10c they can negotiate above the TMF offer is an extra $4,000,000 into there pockets..
Every 20c they can negotiate above the TMF offer is an extra $8,000,000 into there pockets...
Gino was very kind to remind a shareholder recently of this fact when they become a little impatient..
So never forget, the big boys are "MOTIVATED to Get an outcome for the 80% of Top 20 holders", even more than us rat's and mice...
So never forget, they just confirmed there is a 2nd buyer, a 2nd buyer would have only just completed Due Diligence in May/June , so WTF would they accept the TMF offer before a 2nd offer had been formalized ???
GOLD price when first offer received $2,000
GOLD price today $ 2,448
There is no way in hell a 2nd bidder finishes Due diligence and site visits only 1 month ago then makes a bid BELOW TMF offer with Gold having soured since January receipt of 1st offer....
There is no way in hell a 2nd bidder has made a positive favorable outcome received if it's below TFM offer is it Mr patience ?
They are not stupid because a blind monkey knows they don't need to place the rest of the 23c placement until it's needed... It might never be needed Mr Patience as they have at least a few more months cash buffer..
The only question we need to think about is how much above the TMF offer is the 2nd buyer willing to go !
10c ?
20c ?
30c ?
Sleep well knowing there is nobody on planet earth trying to get the maximum sale price than our directors !
We Prey !
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.08M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.0¢ | $27.35K | 205.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62217 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 89254 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 62217 | 0.140 |
1 | 100000 | 0.135 |
7 | 479276 | 0.130 |
5 | 495392 | 0.125 |
3 | 61973 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 89254 | 1 |
0.150 | 75000 | 2 |
0.155 | 35745 | 1 |
0.160 | 2000 | 1 |
0.165 | 50000 | 1 |
Last trade - 15.53pm 07/08/2025 (20 minute delay) ? |
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MTC (ASX) Chart |