I am baffled the market cap is still only $45 million when there is supposedly already a $120 million deal on the table & other parties also have strong interest.
It has to be a credibility issue? If Twiggy Forrest was running the reigns here the market would be all over it like a rash. I guess Gino is yet to prove himself but aside from that, im still surprised at the steep discount. The Chinese investors participated in a capital raising a long time ago when the sp was in the 40c range. Here we are, at such a late stage and the sp is languishing.
I am an optimist and still have a degree of faith but my gut is starting to feel "something is not right"????
MTC Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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