1MC 3.03% 3.2¢ morella corporation limited

My biggest concern is that the offer is 6c but the SP is well...

  1. 1,165 Posts.
    lightbulb Created with Sketch. 115
    My biggest concern is that the offer is 6c but the SP is well below it. And there are shares available to buy cheaper than 6c. I think this might be indicating a lack of confidence in AJM and the SP reflects that. IMO when the SP suddenly starts picking up and buying volume returns in a meaningful way, then positive news isn't far off.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $7.908M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $2.78K 86.37K

Buyers (Bids)

No. Vol. Price($)
3 246302 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 35766 4
View Market Depth
Last trade - 15.43pm 14/08/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.