Great analysis.
A few of us realized this weeks ago and were scratching our heads when the sp was in the doldrums.
Market is beginning to wake up but its nowhere near finished its run yet. I think you are correct - the offer on the table was worth 63.7cps and is likely to be upbid.
$1+ is not impossible.
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 (20min delay)
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Last
14.5¢ |
Change
0.015(11.5%) |
Mkt cap ! $30.26M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $4.435K | 34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8888 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 118807 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |