This was not a huge purchase as Directors' moves go, but it's nonetheless extremely welcome.
Given the MTO SP has collapsed, he's 'out of the money' - marginally - for the time being but the purchase is good, given that like most Australians he doesn't invest his hard-earned in the hope it'll be frittered away through a further drop in the value of a holding.
It's a coded message that despite the likelihood of a recession, and how some have said MTO is paying its latest dividend from borrowings, the company has a positive future.
This was not a huge purchase as Directors' moves go, but it's...
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Last
$3.53 |
Change
0.080(2.32%) |
Mkt cap ! $260.5M | |||
| Open | High | Low | Value | Volume |
| $3.46 | $3.53 | $3.38 | $463.8K | 133.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1296 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 3491 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MTO (ASX) Chart |