Australia's largest stock trading and investment forum Australia's #1 stock forum

MOM

Click for more information

20.0%

0.4¢ moab minerals limited

Odds are 50/50 but a pump first. We wait the pump!Cheer up. You...

First 18 Last

Share
Profile

Follow
dejamls007

103 Posts.

8

05/10/22

11:34

Post #: 64038342
Share

Originally posted by tradeprofits: ↑

Is the company worth $5M is the question? I wouldn't buy it for $5M.

Drilling in Colorado is expensive. Your looking at millions of dollars. If they find nothing economic, there is nothing left (maybe why the did the Nabberu play to make it look like they have more than one thing).

Prediction - Rex will drag out until next CR. They need it to, to keep the lifestyle company going on hopium.

I'm not trying to dampen any of your hopes as someone who exited, and I really hope that those remaining make money, but have a good hard think about whether you are having a bias and hopium. I genuinely think you will lose more so hope you pay steed. Nothing in it for me, I could buy cheaper today than I sold for, but I won't - why? Because I think I would lose more money. So I also really hope genuine people don't lose more money.Not losing another $1 is as good as making $1 back.

What are your odds here for this going nowhere and burning more money (which by default means your share price goes down).

Expand

Odds are 50/50 but a pump first. We wait the pump!

Cheer up. You will make profits elsewhere. Some loss hurts more than others.

Cheap buy now.

MOM Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 31 more messages in this thread...

First 18 Last

Add MOM (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change -0.001(20.0%)		Mkt cap ! $2.848M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$1.28K	320K

Buyers (Bids)

No.	Vol.	Price($)
3	4631496	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	3003795	8

View Market Depth

No.	Vol.	Price($)
3	4631496	0.004
7	6213666	0.003
3	9700000	0.002
1	20000000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	3003795	8
0.006	3953729	6
0.007	1239850	2
0.008	1994444	2
0.010	1957554	3

Last trade - 13.21pm 11/06/2024 (20 minute delay)

MOM (ASX) Chart