MRQ 0.00% 0.4¢ mrg metals limited

Very nice explanation on the oppies, spot on.I think a few...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 522 Posts.
    lightbulb Created with Sketch. 40
    Very nice explanation on the oppies, spot on.
    I think a few thought just because the heads went up to where they did, the oppies were about to fly.
    I agree around .7 on the heads the oppies will start to move, and then they will rachet up as the share price goes higher so will the oppies.

    As they are at the moment there is no need to pay .2 for the oppies it makes no sense relative to share price.
    You could argue at .1 they are dear.
    However you can't get them cheaper.
    So on that basis believing as I do in what is happening in the company, I consider them a great buy at .1 as we have time on our side with them.

    So you really have to look past current pricing differential between the heads and the oppies at the moment.
    Once the heads go past .9 the oppies value will correlate accordingly bringing a truer valuation on them.

    Anyway great update yesterday, all on track.



 
watchlist Created with Sketch. Add MRQ (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $10.90M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $380 95.08K

Buyers (Bids)

No. Vol. Price($)
37 28325278 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 14170545 5
View Market Depth
Last trade - 15.26pm 12/11/2024 (20 minute delay) ?
MRQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.