Anytime i put a wager on something I always lose so to save the share price of MAK i might have to decline your wager their Mick :P
Im just really looking at it from technical trade point. The averge turnover of this stock before it started rising back on the 17/11/09 was around 850,000. The average daily volume since the stock hit 43 cents around 22/12/2009 was around 5 million a day. This last week or so of trading where the market has had a little correction has averaged around 1.8 to 2 million so there are a lot of people who purchased above 43 cents who are still holding this stock.
Again this is just from a technical standpoint and this could change very quickly if, as you say, they burn their cash quickly and production is delayed.
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.035K | 185K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5100667 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1375891 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5100667 | 0.010 |
6 | 2526000 | 0.009 |
5 | 1504999 | 0.008 |
2 | 800000 | 0.007 |
5 | 10755000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1375891 | 3 |
0.012 | 2047093 | 7 |
0.013 | 1229066 | 6 |
0.014 | 1239999 | 2 |
0.015 | 2790146 | 6 |
Last trade - 11.09am 09/10/2024 (20 minute delay) ? |
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