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12.0%

4.4¢ mighty kingdom limited

It get that it might take that long normally but there's been 5+...

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Bruno81

2,849 Posts.

252

18/11/21

15:23

Post #: 57676754
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Originally posted by austinngo117 ↑

Regal still holds 11.5m shares out of 96m shares on the registry. Average daily vol for this stock is about 200k - 300k shares a day. So we're looking at 50 - 60 days for them to sell out. 5 trading days per week => 10 - 12 weeks. Keep in mind the price is an important factor as well. In theory they could sell their entire holding in an off market sale but it's usually at a discount so i doubt they're gonna do that.

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It get that it might take that long normally but there's been 5+ mill traded today, if we get a sustained run here they could be out before you know it.

MKL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.4¢		Change -0.006(12.0%)		Mkt cap ! $9.074M

Open	High	Low	Value	Volume
4.2¢	4.4¢	3.8¢	$13.79K	328.0K

Buyers (Bids)

No.	Vol.	Price($)
1	80003	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
1	80003	0.045
1	154090	0.044
1	139880	0.042
1	160000	0.040
1	20000	0.038

Price($)	Vol.	No.
0.050	50000	1
0.051	41466	1
0.052	20001	3
0.057	101771	1
0.060	30000	1

Last trade - 11.56am 01/11/2024 (20 minute delay)

MKL (ASX) Chart