MKR 5.71% 3.7¢ manuka resources ltd.

Yes it is hard to ignore the fact that in 18 months time the...

  1. 3,102 Posts.
    lightbulb Created with Sketch. 321
    Yes it is hard to ignore the fact that in 18 months time the capital value of the company is going to be at least 3x the current market cap. Could easily be 5x-10x depending upon factors like you point out. This is the most money ever printed so I expect the inflation to be the worst ever seen also.

    You don't exactly get into a miner for these reasons but it essentially de-risks any investment in the <50c range.
 
watchlist Created with Sketch. Add MKR (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.002(5.71%)
Mkt cap ! $28.85M
Open High Low Value Volume
3.6¢ 3.7¢ 3.6¢ $19.71K 546.7K

Buyers (Bids)

No. Vol. Price($)
1 89484 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 2718 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
MKR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.