AAM/MMZ - Why bother?, page-114

  1. 208 Posts.
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    265m newly issued shares at $0.054 in our most recent capital raise from about 3 months ago.

    Chi-X traded between 14/6/24 to 10/1/25 = 5,467,287 (4.44% of total shares traded in that time)
    ASX shares traded from the 13/7/23 to 10/1/25 = 253,049,000
    ASX shared traded from the 13/7/23 to 10/1/25 + 4.44% = 264,284,375

    So it's taken us since 13/7/23 to trade about 265m shares.
    That's 547 days / 1.5 years.
    Unless we get some news, good luck surpassing ~$0.065.
    The moment we pass $0.054 then the 265m newly issued shares will just get puked up.

    Please double check my calcs.
    All my uninformed opinion.
    Best of luck, punters!
 
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(20min delay)
Last
3.0¢
Change
-0.002(6.25%)
Mkt cap ! $18.12M
Open High Low Value Volume
3.1¢ 3.1¢ 2.9¢ $38.30K 1.261M

Buyers (Bids)

No. Vol. Price($)
2 154910 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 74038 2
View Market Depth
Last trade - 15.55pm 23/06/2025 (20 minute delay) ?
AAM (ASX) Chart
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