MLS 9.09% 2.0¢ metals australia ltd

Any guesses on who is selling, only possibility is our recent...

  1. 4,818 Posts.
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    Any guesses on who is selling, only possibility is our recent raise buddies at 2.1c, at 2.2c current market cap it seems hardly worth their while now, unless of course they where one of the Canadian people involved in the tax offset, in which case they wont care at all. Interesting times ahead for MLS management, do they even bother to try and stabilise the SP or do they just let it ride and site on their salaries and not achieve anything to appreciate the SP. Not many retail holders have an average of 2.1c, so the other thing it could be is a few disgruntled holders dumping, although it appears to be more of a dump, let the volume increase and then dump again like someone is unloading a large holding. when and if the drilling permit is approved hopefully we see 50 million in volume to try and clear most of this diabolical raise at 2.1c. but this will mean a cap on the SP so don't expect any major jump in SP, the brakes will be put on quick smart.
 
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Last
2.0¢
Change
-0.002(9.09%)
Mkt cap ! $14.14M
Open High Low Value Volume
2.2¢ 2.2¢ 2.0¢ $55.02K 2.655M

Buyers (Bids)

No. Vol. Price($)
2 507258 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 242500 1
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
2.0¢
  Change
-0.002 ( 9.09 %)
Open High Low Volume
2.1¢ 2.1¢ 2.0¢ 1222800
Last updated 15.04pm 02/05/2024 ?
MLS (ASX) Chart
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