MMA 4.00% 24.0¢ maronan metals limited

You have to wonder ... In the absence of certainty of anything...

  1. 7,771 Posts.
    lightbulb Created with Sketch. 595
    You have to wonder ...

    In the absence of certainty of anything we're being told, I guess it's safest to rely on basic economics. If demand is increasing and supply is not, there will be a predictable impact on price. It's very safe to assume demand has big increases occurring and if "monetary" buying really takes a boost the price should escalate very easily, very quickly. The shorters will have to eventually buckle under the pressure. And has been pointed out by every man and his dog, this commodity is historically absurdly cheap!!!! ... So what's the likely outcome? There's only one answer.
    Last edited by Kipper01: 18/04/24
 
watchlist Created with Sketch. Add MMA (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
-0.010(4.00%)
Mkt cap ! $47.33M
Open High Low Value Volume
24.0¢ 25.0¢ 24.0¢ $45.75K 189.5K

Buyers (Bids)

No. Vol. Price($)
1 11599 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 12487 4
View Market Depth
Last trade - 13.28pm 17/06/2024 (20 minute delay) ?
Last
24.0¢
  Change
-0.010 ( 4.00 %)
Open High Low Volume
24.0¢ 24.5¢ 23.5¢ 50206
Last updated 11.25am 17/06/2024 ?
MMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.