I wish the same thing. But I don't think this IO drop was predictable (at least not the speed and extend of it), neither was the delay in signing the Anglo deal.
I have said it before. This is now priced as a near certain failure with only an outside chance of success. That in my opinion doesn't at all align with the facts which still look pretty good.
There is a very reasonable chance that the delta scare will be behind us by the time MGU gets in to production and I suspect IO prices and other commodities as well will rebound once we are past it. Its even possible it will lead to more stimulus and therefore another peak in prices.
Selling now would be giving up so much potential value. I am going to hold unless some absolutely terrible news comes out and apart from the Anglo deal which really might only be a delay as they said there has been zero bad news related to MGU.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $8.902M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $5.417K | 492.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 311753 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 102355 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 311753 | 0.011 |
9 | 1069436 | 0.010 |
8 | 2903311 | 0.009 |
6 | 985050 | 0.008 |
2 | 340000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 102355 | 3 |
0.013 | 501423 | 2 |
0.014 | 508855 | 5 |
0.015 | 541323 | 3 |
0.016 | 67241 | 1 |
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