MCM 3.57% 13.5¢ mc mining limited

Ann: Initial Director's Interest Notice, page-8

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  1. 1,445 Posts.
    lightbulb Created with Sketch. 568

    Agreed, this is going to get walked down like how this went to sub 5c before.
    Way too many people jumped in thinking they would make an easy 50% in a week and now they are down 30-40%

    We are some months off the second tranche so this has some time until buying will come back in.
    Easy hold here. Nothing has changed and the lower this goes the more appealing it gets.

    People just need to have conviction. Its unfortunate with a low liquidity stock that they can be played like this but this is pure fear from short term holders and those that are cashing in from their earlier hold.

    If this gets down to 10c I'll be reorganising the holdings to buy a large parcel. For the record my avg price is 18.7c so I'm in the red.
    This clearly seems like the push down that occured prior to the announcement.

    It hurts being in the red but the need to keep in mind if tranche two comes in, we will have twice as much cash as the MC currently.

    GLTAH
 
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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
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Last trade - 10.04am 15/11/2024 (20 minute delay) ?
MCM (ASX) Chart
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