MAU 4.02% $1.17 magnetic resources nl

Ann: LJN4 Averages 4700 Ounces Per Vertical Metre From 100m, page-3

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  1. 1,877 Posts.
    lightbulb Created with Sketch. 1015
    This would have to be just about the lowest profile stock on the ASX. Positive announcements attract scant interest on HC and ASX traded volumes are tiny. For example, today's announcement only 69k shares traded worth $87k.

    What am I missing? Is the market simply asleep on this one, which looks like an excellent risk versus reward to me? Or am I missing some fundamental flaw with the resource, which looks very good to me, large open pit scenario at attractive grade close to existing infrastructure.

    I'm puzzled as to why it does not seem to be gaining much traction.

    Anyway, I'll keep adding when I can.

    GLTA & DYOR
 
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Last
$1.17
Change
0.045(4.02%)
Mkt cap ! $310.7M
Open High Low Value Volume
$1.12 $1.17 $1.12 $47.82K 41.97K

Buyers (Bids)

No. Vol. Price($)
1 4504 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.17 11990 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
MAU (ASX) Chart
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