Clifton - I think the current SP is just a knee jerk reaction as some holders dumped their shares because they had higher expectations. The SP is more likely to spring back today - maybe over the coming week - once people realise that nothing has changed from last week and that we all need to sit back and sip our scotch. I can't see any reason at all for panic selling.
MXC, like all companies at this stage of their growth, will need the time to advance its cause. I am wondering whether some of the posters on HC believe that buildings can be put in a day and a crop can be grown to maturity in a week. In 12 months time there will be some very embarrassed ex-MXC share holders who lacked the nerve to hold on to shares in a company in a growth phase.
A lot of people have missed the obvious message - we now have official proof that the VC deal is still likely to happen - we did not have that a month ago.
Current SP is not a true reflection on the value of MXC as a company. IMHO snaring shares under 6 cents is like winning the lottery.
- Forums
- ASX - By Stock
- RGT
- Ann: June Quarterly Activity and Cashflow Report
Ann: June Quarterly Activity and Cashflow Report, page-55
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
34.0¢ |
Change
0.035(11.5%) |
Mkt cap ! $16.45M |
Open | High | Low | Value | Volume |
30.0¢ | 34.0¢ | 30.0¢ | $1.873K | 5.613K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43905 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 483 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43905 | 0.320 |
1 | 15000 | 0.260 |
1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
1 | 4761 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 483 | 3 |
0.345 | 390 | 2 |
0.350 | 8433 | 1 |
0.370 | 2000 | 1 |
0.400 | 1183 | 5 |
Last trade - 15.32pm 02/09/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |