Of course the current revenue doesn't justify 20 cents however MXC has lot of potential for a penny stock.
I invested in both companies and their long term strategy is very similar but different market. I hope more deals come to light soon.
I though 5.5 cents was a good entry point. Never expected to drop below 4.4 cents.
Many generation Y investors do not hold stocks for long term hence the share market is very volatile in recently years.
Hold the baby?, page-175
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.58M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 30.0¢ | $69 | 230 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53003 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 29 | 1 |
View Market Depth
| Last trade - 15.42pm 14/06/2024 (20 minute delay) ? |
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Last
30.0¢ |
Change
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| Open | High | Low | Volume | ||
| 30.0¢ | 30.0¢ | 30.0¢ | 72 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| RGT (ASX) Chart |