There is no doubt that to be a successful speculative stock you need to push hard, especially with a tight register.
"Conserving cash" and sitting on there hands to protect there salary is not the way a speculative stock is going to suceed. Flogging off the "tight register" and "stong cash balance" story is stale news now. Investors are starting to wake up, and appreciate that something is not right here. Maybe it has been a good story for the past 10 years, but not anymore. How long can we wait? Interesting we still had millions in the bank......but desperately needed to top up the bank balance with a cap raising? how come? i wonder........unless we were starting a 100,000 metre drill program that i am not aware of. Its costs nothing to drill these days.
Having cash sitting in the bank and having useless investments in penny stocks will definitely see this stock head south, as we are seeing now.
I rather mzm be a true speccy. Have no cash in the bank, have no dodgy investments, but instead create shareholder value through smart strategic investments/exploration.
Work out how much money we have so called "invested" in other stocks? I rather have that in the bank to do usefull things with......and we would not need to do a cap raising would we?
On top of all that in true speccy form we have jumped from every mineral you can think of.
Flavour of the month type......thats fine, but just deliver on something.
Something has to give here........................................
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.08M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.5¢ | $7.654K | 36.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 65428 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 65428 | 0.205 |
7 | 90662 | 0.200 |
1 | 10000 | 0.185 |
3 | 75528 | 0.180 |
2 | 15882 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 5000 | 1 |
0.215 | 23170 | 2 |
0.220 | 27777 | 1 |
0.225 | 163508 | 2 |
0.235 | 2148 | 1 |
Last trade - 10.49am 22/08/2024 (20 minute delay) ? |
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