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.
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $2.633M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $168 | 12.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40000 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 164937 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2026 | 0.014 |
1 | 38461 | 0.013 |
3 | 419000 | 0.011 |
3 | 349995 | 0.010 |
4 | 811319 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 164937 | 1 |
0.018 | 100000 | 1 |
0.019 | 453334 | 1 |
0.020 | 81366 | 1 |
0.022 | 45499 | 1 |
Last trade - 12.44pm 06/09/2024 (20 minute delay) ? |
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M24 (ASX) Chart |