fundies missed IPX, they now own it.
some small cap managers will not be wanting to miss the "potential next" IPX.... even if they allocate 1% of the fund and it's a 200mn fund that's 2m... now add to that there are a basket of micro strategy based managers in Aussie... a lot of ammo should any of them take a liking to MTM
it has had a great run, if it retraces or even goes sideways (best case) it would not surprised. that said if MTM keeps kicking goals then this may well continue. end of the day it is now a hot stock with hot money so expect volatility up and down imo
DYOR
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 (20min delay)
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Last
60.5¢ |
Change
-0.040(6.20%) |
Mkt cap ! $279.4M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 63.5¢ | 59.8¢ | $2.514M | 4.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17124 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MTM (ASX) Chart |