MCM 13.5% 16.0¢ mc mining limited

I agree, I doubt we will see 4c again but I wouldn't be...

  1. 1,271 Posts.
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    I agree, I doubt we will see 4c again but I wouldn't be surprised if we see low teens again.
    I mean it only took 100k shares to drop it 20% today.

    Really just comes down to whether retail holders will hold.

    For those looking to accumulate, you don't need many shares to run this down and spook people.
    People that bought in the single digits are still 100-400% up. These are the people that will get targeted in my mind.

    I would say most swing traders from last week have cut their losses and will sit on the sidelines until this bottoms or there is more news.

    Personally, the EGM announcement with the requirements for tranche two will be a good settler as people can see how long this process will take.

    Pay day is Friday, so would love for this to keep going down until then.

 
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16.0¢
Change
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Mkt cap ! $76.17M
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18.0¢ 18.0¢ 15.0¢ $44.79K 278.6K

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No. Vol. Price($)
1 2500 16.0¢
 

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Price($) Vol. No.
17.0¢ 6057 1
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Last trade - 15.48pm 09/09/2024 (20 minute delay) ?
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