MEU 2.17% 4.7¢ marmota limited

https://www.marketindex.com.au/asx/meu?src=search-allConfidence...

  1. 3,692 Posts.
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    https://www.marketindex.com.au/asx/meu?src=search-all

    Confidence in company? or need to keep price supported. Lots of purchases going back a long time, surprised so many non blackout periods, other stocks have very few such opportunities because of price sensitive news flow being constant, which is value add proposition, not so many, how much value is really added?
    https://hotcopper.com.au/data/attachments/5435/5435687-0dc58704a7bed01fb0b4fc4a5537e37e.jpg
    So declare a resource and lose explorer status and JMEI tax credits, the more shares held the more credits. Interesting.

    Wouldn't it better serve SHs to declare a resource (or does the resource not stack up properly? Why else hold back?) and get the SP up rather than have to keep supporting SP via director purchases. If the market has spoken then just delist and go private.

    Directors can only buy in non blackout periods, so very few is interesting.

    Next CR should be interesting, not much support below 3c.
 
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Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $48.70M
Open High Low Value Volume
4.6¢ 4.7¢ 4.6¢ $10.44K 226.9K

Buyers (Bids)

No. Vol. Price($)
3 390808 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 69267 3
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Last trade - 12.28pm 27/06/2024 (20 minute delay) ?
MEU (ASX) Chart
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