What MTC needs is to stick to their own deadlines, or time estimates if you like. MTC has a problem in that management over promises and under delivers. Wuxi Baichuan Chemical Industrial Co Ltd had until the 15th December to complete their due deligence, thus, 10,000,000 shares should now have been subscribed to at $0.18 for $1.8m.
My vote would be to cancel their subscription and re-offer at $0.30 on the same terms as the Guangdong Dynavolt Renewable Energy Technology Co Ltd deal. According to the 'terms' of the deal we now have every right to do so.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $29.97M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $26.93K | 199.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13897 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 251204 | 2 |
View Market Depth
| Last trade - 15.37pm 25/07/2025 (20 minute delay) ? |
| MTC (ASX) Chart |