That is great analysis based on current cap structure
No doubt the boys in Ballarat will have to issue more shares soon to keep the lights on and the directors paid
This is why the low share price is so bad for all holders and has effectively now put a cap on the value of the company long term
Ann: MRG HMS - Corridor South 11137 Mining Licence Granted, page-56
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $10.90M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $350 | 87.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 28056160 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 33503891 | 12 |
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| Last trade - 09.59am 08/08/2025 (20 minute delay) ? |
| MRQ (ASX) Chart |