MHI 0.00% 14.0¢ merchant house international limited

Lets see how we go today thriftynifty. My opinion is an upward...

  1. 39 Posts.
    lightbulb Created with Sketch. 5
    Lets see how we go today thriftynifty. My opinion is an upward trajectory, but DYOR. My 2 cents:
    - They have cut their losses and are cash rich at the moment ($15m-$20m). Its always a good position to be in. Lot of potential for acquisition/s, new collaborations, investing in innovative supply chains, targeting new markets etc. A good management can invest such levels of cash and make it 10x, 20x....
    - The company has been around for a long time. In all probability, they will prevail and give good value to the investors.
    - We might see a bit of panic selling this morning, but fundamentally the SP will go up in the long term.
    - The recent drama is just related to routine asx paperwork and providing clarifications about the sale of the asset.

    Last edited by Rewa: 05/05/21
 
watchlist Created with Sketch. Add MHI (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $13.19M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 6000 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 40000 1
View Market Depth
Last trade - 10.04am 10/09/2024 (20 minute delay) ?
MHI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.