@YY8
Normally I wouldn’t respond to a comment like yours but the breathtaking ignorance of your statement can’t be ignored.
If you understood what you’ve invested your hard-earned cash in you’d know that MDI are releasing their Feasibility Study in January next year, which in their words, ‘there is every reason to anticipate that the Dandstone gold operation will be recommissioned in the September quarter of 2021’.
If you thought this consolidation alone would trigger a massive re-rate then you need to go and do a lot more homework before sinking more cash into the ASX.
The next SP appreciation will follow the release of additional drilling results from Phase 3 drilling at Shillington Gap, or from the release of the Feasibility Study itself. In the meantime, incremental gains are likely as retail investors take a punt on what 2021 holds for MDI.
Go away, read the announcements, and then come back when you have educated yourself.
@YY8Normally I wouldn’t respond to a comment like yours but the...
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $2.832M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $2.619K | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 349000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 136723 | 2 |
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| Last trade - 13.09pm 28/06/2024 (20 minute delay) ? |
| MDI (ASX) Chart |