M4M 31.0% 3.8¢ macro metals limited

Ann: Placement, Board Change, Acquisition of Exploration Licences, page-37

  1. 199 Posts.
    lightbulb Created with Sketch. 180
    Still scratching my head over this one. These big shots did not need to join the board necessarily to get the NSR

    Goldsworthy I think is awaiting tribal licence that could take one week or one year to arrive

    Also none of these guys seem that loaded up with M4M stock from what I can see…. So why are they bothering with this micro cap?

    Goldsworthy looks like a binary play, so what is the back-up plan? It is quite an easy stock to add value to given the names involved.

    not sure the co has enough cash right now to move forward in a meaningful way.

    Looks like stock is being mopped up, but that is just a guess because I have no idea what the register looks like

    rather hoping it is being prepared for a bigger raise at a higher price, with key actors getting loaded up with more stock and opies (which would be a good thing). But I’m just shooting in the dark on this

    Lastly the optics around this stock are dreadful. Website not even updated for co name change from over a year ago. Looks like zero IR/PR despite $1m annual g&a

    any enlightenment would be welcome Kev….
    Last edited by Tigerthecat: 18/03/24
 
watchlist Created with Sketch. Add M4M (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.009(31.0%)
Mkt cap ! $136.7M
Open High Low Value Volume
3.0¢ 4.0¢ 2.9¢ $1.334M 38.84M

Buyers (Bids)

No. Vol. Price($)
2 290008 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 583332 4
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
3.9¢
  Change
0.009 ( 34.0 %)
Open High Low Volume
2.9¢ 4.0¢ 2.9¢ 28002903
Last updated 15.59pm 24/05/2024 ?
M4M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.