I sold out the other day, taking the EOFY loss and frankly, it never felt better. Would have required the price to approach around 5c to offset the value I otherwise gained by selling. Something I just couldn't comprehend with the complete and utter information vacuum of 2019. Hope it does bounce back for holders.
I'm staggered in the meantime, now that a new quarter has started, that the ASX permit this to trade. By the company's very own forecasts, and answers to the ASX, I'd have thought the ASX may have doubts around cash levels. I mean, $185k cash as at March 31, $180k forecast by the company to be spent by June 30...we're now into July. Can only assume some resource credits came in, of such low value they weren't material enough to be declared, that might keep the lights on for a few weeks?
Even a CR would take time to organise and have funds come in. I guess a placement to sophisticated investors speeds that up, but guess what, you know which shareholders will be diluted then.
- Forums
- ASX - By Stock
- MTC
- Ann: Appointment of Technical Directors
Ann: Appointment of Technical Directors, page-42
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTC (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $29.55M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 14.5¢ | $29.37K | 193.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 47208 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 47208 | 0.145 |
3 | 32200 | 0.140 |
1 | 10000 | 0.130 |
4 | 98250 | 0.120 |
1 | 10009 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 10000 | 1 |
0.155 | 44429 | 1 |
0.160 | 31250 | 1 |
0.170 | 60600 | 1 |
0.175 | 4000 | 1 |
Last trade - 11.49am 09/10/2024 (20 minute delay) ? |
Featured News
MTC (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online