MME is coiling hard imho...
Take a look at the Top 20 and then the recent Change in Substantial Holding announcement from 12/04/21 from Perennial Value Management Limited..
Buying on Market regularly from 27/11/20 to 08/04/21 and highly likely still purchasing now.
It's not in their interest for the SP to rocket to $5 now as they're clearly still not finished building their position.
I wouldn't be surprised if they're playing both the Buy and Sell side to mop up loose / impatient investors shares on the cheap.
They've done well in keeping their buying discrete (one Change of Substantial Holding announcement since November 2020) with all of MME's recent positive company growth announcements.
I think Clayton mentioned the 25th of May as the date that they were going to promote AutoPay?
Coil will spring up to and after then!
Coiling..
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.00M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.8¢ | $44.67K | 405.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44700 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 296357 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| MME (ASX) Chart |