You have a good point. I have data that some here likely do not that points me to think that way. But we will have to wait and see of course.
This isn't just the average day when it comes to silver miners. There are literal world wide shortages right now and people are struggling for supply. Anyone who wanted to take a big part of a low volume silver miner like MKR would be paying $2-$10 per share if they wanted 70M shares in a reasonable time frame. By going this way they can get it for $0.50 and the board will take it because it provides them stability and expansion options.
I don't care about $0.5 or even $2 per share, this company with the silver conditions I expect will be easily worth over $3 soon.
Ann: Trading Halt, page-11
Add MKR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.6¢ |
Change
0.002(4.55%) |
Mkt cap ! $34.95M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.8¢ | 4.6¢ | $29.22K | 623.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 302618 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 166137 | 22 |
View Market Depth
| Last trade - 13.49pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
4.6¢ |
Change
0.002 ( 2.68 %) |
||||
| Open | High | Low | Volume | ||
| 4.6¢ | 4.9¢ | 4.6¢ | 155671 | ||
| Last updated 13.46pm 27/05/2024 ? | |||||
| MKR (ASX) Chart |