.4 cents is almost junk stock status.
6 years ago, when they raised $5mil from shareholders for the MALTA facility, they had no debts and over $20mil in cash in the bank. Now the company is worth only $13mil.
The first time the raised cash I am talking about as they had another raise after that as the money disappeared from the first one.
MXC has become a a bit of a scam - lots of promises from the company that don't seem to materialise as a gain for shareholders. Time is running out for both.
Ann: Commitments Received for GBP 0.7m, page-9
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.49M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.5¢ | 32.0¢ | $1.506K | 4.574K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1474 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 2000 | 1 |
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| Last trade - 15.38pm 06/06/2024 (20 minute delay) ? |
| RGT (ASX) Chart |