I was wondering about that myself. Another stock I hold just came out of a trading halt, announcing a fantastic development and should see many bags made in the short to mid term there, early to mid next year and the price barely moved compared to MTC’s last announcement. Traders aren’t playing the other company but it’s got multiple drill rigs running around the clock, some of which they own so assay results are coming in thick and fast on it’s advanced project, it already has a modern processing plant on care and maintenance and an MOU just signed with a major cathode manufacturer for downstream processing of its in demand mineral product. MTC hasn’t drilled Cancet for 2 years, lithium is out of fashion and it hasn’t acquired Sturec yet, therefore it’s essentially a shell company but traders were all over it for a couple of weeks. I know we need to get the share price higher before raising capital but we’re going to need something a lot more solid than announcing we’ve signed an option to buy a gold project. Guess it’s obvious here that if MTC is to thrive next year it needs to have a much higher market cap, for the necessary capital raising, so the next pump and the next announcement should be quite good, just got to get the timing right. When to accumulate and when to sell
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I was wondering about that myself. Another stock I hold just...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.22M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 13.0¢ | $2.359K | 17.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 77402 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 28270 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 77402 | 0.130 |
4 | 90619 | 0.125 |
3 | 138341 | 0.120 |
1 | 6000 | 0.110 |
1 | 10000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 28270 | 2 |
0.145 | 346700 | 4 |
0.150 | 50000 | 1 |
0.155 | 35745 | 1 |
0.195 | 1250 | 1 |
Last trade - 14.22pm 25/06/2025 (20 minute delay) ? |
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MTC (ASX) Chart |