accurate words I agree whole heartedly with!!
unless a ‘meterialised deal’ that hits the account prior to June 30 the oppies are gone and a significant and needed cashflow boost will pass by. It will be then extremely difficult to raise funds for mxc without a significant discount-further plundering the stock’s reputation and value.
IMO the only opportunity for the options to come into play and revenue to flow into MXC must come in the next 2 weeks to allow time for holders to feel comfortable exercising their options. This would require the SP to get to 8c+ Within 14-18 days....this will not happen without revenue hitting the account (not MOU’s or ‘binding sales agreements’), but actual revenue.
i don’t believe it will happen and I suspect this stock will get sold to a international buyer for 6-8 cents in the coming months, (giving those corporate ‘trailblazers’ a semi honourable exit)....
I expect a flurry of announcements in the next two weeks to try and get the SP moving....management will be gutted it’s not happening, Malta cannot happen without it!
all IMO
- Forums
- ASX - By Stock
- Ann: Cultivation Licence Granted by the Office of Drug Control
accurate words I agree whole heartedly with!!unless a...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
0.030(9.38%) |
Mkt cap ! $16.94M |
Open | High | Low | Value | Volume |
32.0¢ | 35.0¢ | 32.0¢ | $3.361K | 9.732K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16739 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 8746 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1666 | 0.300 |
1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
1 | 4545 | 0.220 |
1 | 4761 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 8746 | 1 |
0.360 | 971 | 2 |
0.365 | 100 | 1 |
0.370 | 2000 | 1 |
0.400 | 1183 | 5 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online