I think the SP drop during SPP was due to following reason as mentioned in February Austock report:
"MCE is close to becoming a 10 bagger in a little over 12
months. This performance makes MCE the best performed
industrial stock of scale in recent times. This can also be a negative, as many investors believe they have missed it and that it has too much downside risk."
This could be a problem again & again when not enough liquidity.
Anyway thanks all who put valuable details in HC thread and most importantly special thanks to the trader (who ever) gave me their shares for $6.63 three weeks ago!!!
Cheers
SAT
montgomery's intrinsic value is $11.13 !!!, page-5
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Last
32.5¢ |
Change
-0.015(4.41%) |
Mkt cap ! $71.35M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $16.48K | 49.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21828 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 38966 | 1 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| MCE (ASX) Chart |