I understand your frustration.
I bailed out of a small holding in MML on the open today after it dissapointed yet again. Luckily I was only in recently so avoided any large losses. Compare its sp to ABU's over the last year if you think ABU has not outperformed. Then look at peers (explorers) and see how much worse most have fared over the last year.
Other than MML, take a look at AZM, NMG, RMS and plenty of others that have performed far worse.
This sp weakness is easily explained by the POG correction and sector sentiment. I see no reason to think its been anything else, otherwise the decline would have been much worse.
I actually think the sp has held up very well relatively speaking and considering what happened to thje POG, thanks to the positive developments over the last year including some smart moves by management;
Raising all necessary cash during a boom year, conserving cash last year and taking a staged low risk approach to development with no need for capital dilution.
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $5.294M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $720 | 340.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 7439364 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14175152 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.003 |
6 | 7456538 | 0.002 |
9 | 97550498 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 125000 | 1 |
0.003 | 16608485 | 18 |
0.004 | 4380859 | 7 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
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