"Since 2023 from 17c to current - this has been a disaster for shareholders - especially after hitting the market for $25m in June 2022 "
This is actually nothing out of the ordinary. This stock has had big rallies followed by deep corrections over the last four years. We know which is now due and it's not a correction.
The best part is that this stock is very capable of recovering from the deeper corrections in just a few months.
The above is not a disaster. Stocks like the ones below - they could be called a disasters. They look like they will need years and better than 1000% returns from here to get back to their highs.
"Since 2023 from 17c to current - this has been a disaster for...
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 (20min delay)
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $47.58M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.5¢ | $1.856K | 33.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2580 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 228952 | 3 |
View Market Depth
| Last trade - 11.21am 08/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.5¢ | 5.5¢ | 34880 | ||
| Last updated 11.21am 08/05/2024 ? | |||||
| MNB (ASX) Chart |