MMA 6.38% 22.0¢ maronan metals limited

The options look a certainty to expire out of the money....

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  1. 3,119 Posts.
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    The options look a certainty to expire out of the money. Probably for the best as the next capex (mid 2025??) should occur at significantly higher prices to 30c. The size of the 24c capex more or less derailed any chance of these options being exercised. It will be interesting to see whether Crescat exercise theirs. Someone is consistently selling MMA down to 22c level before a bot pushes the price up to 23/24c level and then rinse and repeat.

    I don't see $50 silver in 2024. I hope to be surprised but think low $40s is the wave 3 target for this cycle. Maybe 2025.

    Ben is trying to rally the option holders to email Rob Rutherford and ask for an option exercise date extension. Not sure why he singled out Rob and not Richard!
 
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Last
22.0¢
Change
-0.015(6.38%)
Mkt cap ! $44.27M
Open High Low Value Volume
23.5¢ 23.5¢ 22.0¢ $63.44K 278.2K

Buyers (Bids)

No. Vol. Price($)
5 59103 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 10000 1
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Last trade - 15.58pm 08/11/2024 (20 minute delay) ?
MMA (ASX) Chart
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