MM8 entire register underwater and another 5 weeks to go to get through tax loss season. 20% discounts for CR seems to be the norm so have to price that in. Might tick up into PFS but will be set up as a sell the news event as market knows CR around the corner if they havent already raised prior to. Exploration team been laid off so any drilling might be a while away.
Only reason I bought AME is that it comes with the real possibility of a bid (thinking WGX given they're yet to make an M&A move and major SH) prior to any CR. Bit of a carbon copy of the CHZ set up prior to their bid and just happens to share the same chairman. If not i'll take the L to offset my PAYG installment this Q .
If comparing charts; MM8 falling knife whereas AME @ multi year horizontal support level.
MM8 entire register underwater and another 5 weeks to go to get...
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $14.76M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $35.80K | 743.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72340 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 79691 | 1 |
View Market Depth
| Last trade - 15.42pm 07/06/2024 (20 minute delay) ? |
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Last
4.8¢ |
Change
-0.002 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 4.8¢ | 4.9¢ | 4.8¢ | 121410 | ||
| Last updated 15.41pm 07/06/2024 ? | |||||
| MM8 (ASX) Chart |