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
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Last
42.0¢ |
Change
0.165(64.7%) |
Mkt cap ! $20.33M |
Open | High | Low | Value | Volume |
28.0¢ | 42.0¢ | 28.0¢ | $38.62K | 100.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 9051 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.305 |
1 | 208 | 0.275 |
1 | 10000 | 0.270 |
4 | 42000 | 0.250 |
1 | 10000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 9051 | 1 |
0.500 | 4603 | 3 |
0.530 | 8746 | 1 |
0.540 | 600 | 1 |
0.000 | 0 | 0 |
Last trade - 15.59pm 21/08/2024 (20 minute delay) ? |
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