$1 by year's end sounds a bit over-optimistic to me. Most of the current rise from below 20c is due no doubt to the WR1 spin-off and once that's taken place the valuation of MTC relies solely on the gold project, so the SP could possibly fall back. If the new round of drilling confirms outstanding results then things could get on the boil for sure but just so-so results might not inspire buyers to take the SP very far. The two good things about MTC, apart from the spin-off, are the low MC and the $8M in the bank to fund operations for quite some time. Interesting weeks ahead for sure.
Ann: Notification of return of capital via in specie distribution, page-9
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $29.97M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $26.93K | 199.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13897 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 251204 | 2 |
View Market Depth
| Last trade - 15.37pm 25/07/2025 (20 minute delay) ? |
| MTC (ASX) Chart |