MCM

3.57%

13.5¢ mc mining limited

Important to remember Kinetic still only own 13%Will be worth 30...

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Claude the crow

753 Posts.

119

11/09/24

17:43

Post #: 75632671
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Originally posted by ForeverNewbie: ↑

To potential investors I would say be very wary of this uptick.
Full disclosure I believe this will go lower and I will buy around the 10-12 mark.
As I've said before I hold with an avg buy in at 18.7c

There was always going to be a bounce of the previous high 15c

Personally I have realised that this stock can be manipulated to the ends of the earth.
BUT I will say, the writing appears to be on the wall. Yes, smart money will try to push this down as the next ramp up will be huge.
But regardless if you bought in at 4c or 24c, its important to remember that the tranches were bought at 30c for 51% of the company.

If you got in at 15c yesterday congrats, but even if you got in at 20% above that at 18c today. IF that tranche goes through you're still a 75% away from the buy in price and thats only for half of the company.

As mentioned I am waiting around the 10-12 price but I hope every makes money.

GLATHs and lets hope the EGM is soon

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Important to remember Kinetic still only own 13%
Will be worth 30 cents plus once second payment is received with 51% ownership that becomes a new ball game

MCM Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 13.5¢		Change -0.005(3.57%)		Mkt cap ! $64.27M

Open	High	Low	Value	Volume
13.5¢	13.5¢	13.5¢	$574	4.25K

Buyers (Bids)

No.	Vol.	Price($)
1	5458	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	72317	2

View Market Depth

No.	Vol.	Price($)
1	5458	0.130
3	24033	0.125
1	30000	0.120
1	50000	0.115
1	50000	0.100

Price($)	Vol.	No.
0.145	72317	2
0.155	45000	1
0.160	5000	1
0.190	100000	1
0.200	461847	2

Last trade - 10.04am 15/11/2024 (20 minute delay)

MCM (ASX) Chart

Important to remember Kinetic still only own 13%Will be worth 30...

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