re: robbo Although there are 32 mil shares on issue, it should be said there are only 24 million TRADEABLE shares at present. All other shares are held in Escrow.
My point is that there are only 24 million shares to go around. Robbo says he has 1.5million so tradeable shares can be reduced by another 1.5million (assuming of course you are not trading them Robbo:) ).
Therefore one would think that as we begin to digest and comrehend the announcements with more clarity, more and more people may want to setup long term positions in the company; traders will be replaced with investors.
There are quite a few Hot Copperians who have taken long term positions in the company. It wouldnt take too many more to see the supply side dry up.
Whenever MTN goes for a run, it usually will go up in a flash on high volume and be encountered with alot of resistance. It may very shortly find that resistance has disappeared especially given that there are only 24million tradeable shares.
Just some food for thought
Luck to holders.
Cheers
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.543M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.83K | 610K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 25623689 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 24049418 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 25623689 | 0.003 |
54 | 126713603 | 0.002 |
23 | 147205000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 24049418 | 12 |
0.005 | 12627167 | 18 |
0.006 | 4240989 | 6 |
0.007 | 1429689 | 3 |
0.009 | 700000 | 2 |
Last trade - 10.06am 03/09/2024 (20 minute delay) ? |
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