MKR 8.82% 3.7¢ manuka resources ltd.

Well MKR should have no debt and make 6M profit next year if...

  1. 3,102 Posts.
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    Well MKR should have no debt and make 6M profit next year if silver stays around $25 usd. So in regards to stock price the only major incoming would be the CEOs shares coming out of escrow in July that could have a negative impact. Hard to see the floor falling out of the wagon with their owned capital, and will likely see a return to around 50c if silver price is still manipulated into 2023. I feel this is rather negative outlook but its good to know the edges of what you are investing in.

    However on the upside if silver is $50 then they make so much money compared to their current worth that the price is going to be crazy and everyone here will be known as the Warren Buffett of their street. There's always a risk with miners because it is a dirty business but I think once people realize how many trillions have been spent and the inflation tidal wave coming that MKR will explode. Congrats to everyone who managed to get any shares under 30c.
 
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Last
3.7¢
Change
0.003(8.82%)
Mkt cap ! $28.20M
Open High Low Value Volume
3.5¢ 3.8¢ 3.5¢ $69.06K 1.902M

Buyers (Bids)

No. Vol. Price($)
1 80001 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 442823 3
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MKR (ASX) Chart
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