MLS 9.09% 2.4¢ metals australia ltd

apologies rooster, page-2

  1. 4,582 Posts.
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    Very nice post Q,

    We must also remember that there is another key fundamental element that has somewhat been overlooked - They have approxiately $4.5m in the bank. I am quite confident that a fair few holes can be dug for $4.5m.

    Evidently there are the formalities that Qantum mentioned but as soon as the company announces such events I am sure that the SP will have a spike.

    More importantly when the drill arrives and depth is determined, which I am confident it should, the SP will be chased more than it will be sold.

    After today, although overall market sentiment was high, it can still be said that MLS is a highly sourced upon share. The percentage spike today was not due to market sentiment being good but for those few that have been waiting on the sidelines waiting for it to become a bargain. If next week is good overall we will not see 1.2c or 1.3c in a long time.

    Cheerio Nikess.
 
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Last
2.4¢
Change
0.002(9.09%)
Mkt cap ! $17.45M
Open High Low Value Volume
2.2¢ 2.5¢ 2.2¢ $81.92K 3.365M

Buyers (Bids)

No. Vol. Price($)
5 744917 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 360463 3
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Last trade - 15.44pm 01/11/2024 (20 minute delay) ?
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