A 22c sp would be a 69% increase on the current price which I see as a pretty decent return on investment.
Keep in mind that my 22c price point (assuming something completely unforeseen doesn't happen) comes from a 60%(?) decrease in Rock Phosphorus prices, a p/e ratio that I see as bargain for most growing companies, 10% reduction in production, ignores the 8 year tax free status, has a 10% increase on the original estimated production costs.
Ann: Quarterly Activities Report, page-52
Add MNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
0.002(3.64%) |
Mkt cap ! $49.31M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.9¢ | 5.6¢ | $19.16K | 336.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99999 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 47420 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.7¢ |
Change
0.002 ( 3.64 %) |
||||
| Open | High | Low | Volume | ||
| 5.6¢ | 5.9¢ | 5.6¢ | 142487 | ||
| Last updated 15.49pm 07/06/2024 ? | |||||
| MNB (ASX) Chart |