Despite many good traits, my worry is that Forrester, the MD, may not have learnt his lesson from last time. He operated so slowly under the previous license that not only did the market loose faith in him (I think the share price fell 98% and people were no longer willing to give him money to proceed with the project), but so too did the Botswama Government when they refused to renew the license
The recent license renewal opens up amazing prospects for the company and such potential as could be seen from the likes of the Hardman research report, but if Forrester does nothing or continues at an extremely slow pace in what seems to be a 'wait and see' strategy, the opportunities will die along with the company and our investments and the licenses certainly won't be renewed again.
We have 5 years to shine from when the license was renewed, so just over 4.5 years to go, absolutely nothing has happened in the first six months that I can see, not a good sign.
- Forums
- ASX - By Stock
- MTB
- Food for thought - weekend observation
Food for thought - weekend observation, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTB (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.298M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $25.44K | 25.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 36254369 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 22742529 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 36254369 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 22742529 | 16 |
0.003 | 9169034 | 11 |
0.004 | 7487128 | 12 |
0.005 | 7235581 | 6 |
0.006 | 2750000 | 6 |
Last trade - 10.45am 18/10/2024 (20 minute delay) ? |
Featured News
MTB (ASX) Chart |