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
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $32.44M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $78.21K | 6.500M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2963545 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 378238 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2963545 | 0.011 |
7 | 4379547 | 0.010 |
6 | 3392722 | 0.009 |
2 | 204999 | 0.008 |
4 | 5033000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 378238 | 1 |
0.013 | 2191076 | 5 |
0.014 | 2983982 | 10 |
0.015 | 812633 | 7 |
0.016 | 11087725 | 15 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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