Yeah not a bad play, Im in the same boat of no free capital, but really MMI is in the best position it has been fundamentally (shipping out at record rates this year) and on track to hit guidance which is highest ever. Not to mention financially sound due to the loans. MMI being at its best position fundamentally, but share price being at same levels it was at Jan this year (before loan was even established and shipping rates on target) , shows a real mismatch, like being able to go back in time and buy.
Agree but we just need to hope its not a decision by one of those top 7, in the case it is and they need to exit, still a lot more sell volume out there. But who knows the reasoning, fundamentally its an easy hold for the long term. Profitable mining operation, with huge mine life of an in demand resource.
Yeah not a bad play, Im in the same boat of no free capital, but...
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Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $244.3M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.2¢ | $577.8K | 13.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2369340 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 6171169 | 5 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
4.3¢ |
Change
-0.002 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.4¢ | 4.3¢ | 2751701 | ||
| Last updated 15.50pm 29/05/2024 ? | |||||
| MMI (ASX) Chart |