MBK 17.4% 1.9¢ metal bank limited

2019 and beyond, page-3

  1. 4,977 Posts.
    lightbulb Created with Sketch. 2640
    It may be argued Josimar, the market halved the share price of MBK due to its position in the market in the lower end in relation to world prices  Survival as a speculative stock and that is what MBK is, depends on managements responsiveness to change in terms of risk management.of their resources. There is a strong argument to preserve capital as traders do when better opportunities are self evident and a lot of that is based on timing.  People won't make money buying at the top of the trade cycle, assuming the potential is there (speculative) but rather by buying at the bottom depending on their appetite for risk and reward.  What interests me is that MBK hold a far spread of different minerals where demand should increase.  Such stocks tend to rise with the sector and these minerals could be viewed as a store of wealth.  Kind of goes with the name.smile.png
 
watchlist Created with Sketch. Add MBK (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.004(17.4%)
Mkt cap ! $7.809M
Open High Low Value Volume
2.3¢ 2.3¢ 1.9¢ $1.371K 71.13K

Buyers (Bids)

No. Vol. Price($)
1 50000 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 58002 1
View Market Depth
Last trade - 14.36pm 22/07/2024 (20 minute delay) ?
MBK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.