MCM 3.45% 14.0¢ mc mining limited

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  1. 1,322 Posts.
    lightbulb Created with Sketch. 548
    I agree, I doubt we will see 4c again but I wouldn't be surprised if we see low teens again.
    I mean it only took 100k shares to drop it 20% today.

    Really just comes down to whether retail holders will hold.

    For those looking to accumulate, you don't need many shares to run this down and spook people.
    People that bought in the single digits are still 100-400% up. These are the people that will get targeted in my mind.

    I would say most swing traders from last week have cut their losses and will sit on the sidelines until this bottoms or there is more news.

    Personally, the EGM announcement with the requirements for tranche two will be a good settler as people can see how long this process will take.

    Pay day is Friday, so would love for this to keep going down until then.

 
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Last
14.0¢
Change
-0.005(3.45%)
Mkt cap ! $66.65M
Open High Low Value Volume
14.0¢ 14.0¢ 14.0¢ $467 3.335K

Buyers (Bids)

No. Vol. Price($)
1 26665 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 12005 1
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Last trade - 11.34am 11/10/2024 (20 minute delay) ?
MCM (ASX) Chart
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