47m shares traded today well above 0.09c. 200m won't take long on good amounts of volume. At what point do you "buy back in"? Before or after the Scoping Study which helps confirm a company which is currently valued at $18m should presently be valued two or three fold that figure.
I have no doubt that there will be those who flip their allocation. But there's going to be others who see that as an opportunity to double or triple their money over the coming weeks or months. And then there will be others who are happy to hold this for another few years - and watch MRQ transform into a company where the Market Cap's potentially in the hundreds of millions.
Fundamentally for every share sold right now - there's someone who sees value at that price and is buying it. As always DYOR. But IMO there is still significant value to be found at these prices regardless of what pip traders will have you believe.
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47m shares traded today well above 0.09c. 200m won't take long...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.62M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74285 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 400000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74285 | 0.007 |
4 | 866833 | 0.006 |
8 | 8100000 | 0.005 |
28 | 32793320 | 0.004 |
34 | 33196220 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 400000 | 1 |
0.005 | 8599720 | 7 |
0.006 | 7007363 | 15 |
0.007 | 12257902 | 17 |
0.008 | 3372304 | 8 |
Last trade - 16.12pm 04/07/2024 (20 minute delay) ? |
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MRQ (ASX) Chart |
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