MDI middle island resources limited

Ann: Fourth new gold deposit defined at Sandstone project, page-32

  1. 2,632 Posts.
    lightbulb Created with Sketch. 1843

    Takeovers are always based on a fair valuation of prospect's resource and supporting assets.

    The SP is just a by product of the valuation of a company divided by the SOI. They could easily consolidated the shares say 4/1.

    Depends what your investment strategy is, if it is just to short term trade, probably not the best to be holding onto MDI, you are only going to get frustrated as you are looking for the next overnight mutli bagger.

    If you can see bigger picture, we will either be mining or taken over, both will be yielding you high multiples of where the current SP & MC is.

    The announcements have been nothing but fantastic and all heading into the right direction of recommissioning the processing plant.



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $6.451M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $2.045K 92.93K

Buyers (Bids)

No. Vol. Price($)
1 352519 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 250000 1
View Market Depth
Last trade - 14.38pm 25/06/2025 (20 minute delay) ?
MDI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.