it is a problem when you only have $2m in cash and they don’t do much in return for shareholders. The cash burn is approx $150k-$200k per quarter. So if you deduct the 2024 expenses, probably about $700k (salaries and other G&A) there isn’t much cash left to do anything.
less a shell, more a cash cow for some
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M3M
m3 mining limited
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it is a problem when you only have $2m in cash and they don’t do...
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $5.4K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 300000 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 49750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 300000 | 0.027 |
2 | 327879 | 0.026 |
1 | 200000 | 0.024 |
3 | 492000 | 0.022 |
2 | 223810 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 49750 | 1 |
0.033 | 176362 | 1 |
0.038 | 50000 | 1 |
0.040 | 63535 | 1 |
0.042 | 100000 | 1 |
Last trade - 10.16am 29/07/2025 (20 minute delay) ? |
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M3M (ASX) Chart |