Looks like the traders were onto this and the price didn't perform as they expected. I've grabbed some more as well based on this announcement.
If you take a look at MAN, on the 17/02/2021 when they announced 'Multiple Strong EM Conductors at Jimperding', their share price was around 8.3c. Thats an undiluted market cap of ~$29mil. By March 4 they were valued at ~40mil, slow and steady increase.
Today they're at $55mil, cash probably around $4mil. EV $51mil.
M24 currently around $19mil MC, cash probably a bit under $5mil but we will say $5mil as per the last Investor preso. EV $13mil.
Give it a few weeks IMO for this ann to soak to market.
- Forums
- ASX - By Stock
- M24
- Ann: VTEM Survey Discovers Significant Bedrock Conductors
Ann: VTEM Survey Discovers Significant Bedrock Conductors, page-9
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add M24 (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.656M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $2.272K | 252.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 476801 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 388000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 476801 | 0.009 |
4 | 1063124 | 0.008 |
3 | 3305450 | 0.007 |
2 | 325000 | 0.006 |
2 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 388000 | 1 |
0.011 | 1000934 | 3 |
0.012 | 251066 | 1 |
0.013 | 98462 | 1 |
0.015 | 231376 | 1 |
Last trade - 10.04am 31/07/2024 (20 minute delay) ? |
Featured News
M24 (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online