That is because as you know the SP is now under immense pressure and the broker roadshow has attracted no support , the only buyers appear to be your blind crew of rampers .
Wait till you see the quarterly my good friend and you will if you have any balance left that the financial performance of MHM is well overvalued even at 65c , a price that after the raising would be stil 90 mill MC .
90m market caps should be earning $8-10m not losing $3-5m as will MHM this year if the current performance continues .
And No at present MHM is not a growth company , a growth company has dramatically increasing revneues .
MHM is like Davnet , has a good idea , is spending a fortune on infrastructure and hopes as many of you say if we build it they will come
I recall davnet and metalstorm and numerous others saying the same thing
chart , page-72
Add VYS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $161.1M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.5¢ | 38.0¢ | $346.2K | 891.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16055 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| VYS (ASX) Chart |