Australia's largest stock trading and investment forum Australia's #1 stock forum

MLS

Click for more information

12.5%

2.7¢ metals australia ltd

Ann: Battery Grade 99.96% Spherical Graphite for Lac Rainy, page-56

First 56 Last

Share
Profile

Follow
Oscar09

26,853 Posts.

1309

28/02/23

15:44

Post #: 66515666
Share

Originally posted by Josho737: ↑

Really this could have gone either way from 5.7c, it could have kept going to 6c, but decided to slide back down to 5c and under, the market only gave people a few minutes to sell the news at 5.7c and 5.6c if they wanted to sell at those prices. Wait times between news and a threat of the "R" word is what has got some investors spooked, if we are being honest many other graphite stocks don't have brilliant MCs either.

While undervalued MLS basically carries a similar marketcap to other small cap graphite stocks, but MLS do also have more cash, and MLS's WA projects may be just being valued or not even for the dirt in the middle of whoop whoop.

Another graphite stock I hold is ITM and that's currently only 33m MC, and is basically a sleeping giant with 200km of strike, so that's a sign that the market sucks at the moment lolz, when they don't even value the huge amount of graphite in the ground there.

Expand

RNU ran for weeks on their purity results

MLS Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

OJC

SPC to merge with Original Juice Co and Nature One Dairy

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

There are more pages in this discussion • 220 more messages in this thread...

First 56 Last

Add MLS (ASX) to my watchlist

(20min delay)
Last 2.7¢		Change 0.003(12.5%)		Mkt cap ! $19.63M

Open	High	Low	Value	Volume
2.5¢	2.7¢	2.5¢	$26.08K	997.6K

Buyers (Bids)

No.	Vol.	Price($)
1	115192	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	114432	2

View Market Depth

No.	Vol.	Price($)
1	115192	0.026
1	32000	0.025
7	874237	0.024
3	843043	0.023
8	2246180	0.022

Price($)	Vol.	No.
0.027	114432	2
0.028	100000	1
0.029	115000	1
0.030	502684	5
0.031	288000	1

Last trade - 14.48pm 02/10/2024 (20 minute delay)

MLS (ASX) Chart