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MMI

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2.33%

4.4¢ metro mining limited

The job if these reports isnt to be accurate, its to bring in...

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GIGAChad

4,948 Posts.

866

18/01/24

08:30

Post #: 71935114
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Originally posted by Arrow666: ↑

Yep - that’s the right thing to do re dividend. Sometimes I think that analysts preparing these reports forget to sense check them at the end (and have no real understanding of how a business works).

A dividend in FY24 isn’t likely as all the funds will be used to pay down debt. MMI also have a stack of losses to use before they will be paying tax so there would be no franking and another reason to avoid a dividend.

I’d love to see a buy back etc if the share price is still undervalued with any spare cash even if it’s just buying back the warrants from Nabari.

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The job if these reports isnt to be accurate, its to bring in business for the broker.

MMI Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.001(2.33%)		Mkt cap ! $255.9M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.2¢	$340.5K	7.837M

Buyers (Bids)

No.	Vol.	Price($)
6	3294197	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	6491618	6

View Market Depth

No.	Vol.	Price($)
3	1496883	0.043
4	1533069	0.042
19	14987222	0.041
24	8628675	0.040
14	2482670	0.039

Price($)	Vol.	No.
0.044	6491618	6
0.045	1522919	6
0.046	1754176	6
0.047	1095132	2
0.048	415486	3

Last trade - 16.10pm 28/05/2024 (20 minute delay)


Last 4.3¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
4.3¢	4.4¢		4.3¢	7938220
Last updated 15.59pm 28/05/2024 ?

MMI (ASX) Chart

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