Certainly empathise with the notion Pecora, but some bloke who is far more wealthy than you or I astutely observed that you pay a high price for a cheery consensus.
As I have indicated before, a few BIG contract announcements and the MCE price will be through the roof. The company still has a lot going for it - low debt, competitive advantages in IP, and low cost manufacture (currently no doubt offset to a large extent by the high dollar) compared to competitors. If sales and marketing ever start doing their jobs we are on a winner.
In the meantime risks are high but informed investors may choose to take those risks on with such a low share price. The only reason I personally am not buying right now is that I have no idea how much lower the market is likely to sell off for MCE and it may be that it is available even cheaper in the near future - not trying to pick the bottom, just waiting patiently.
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $77.94M |
Open | High | Low | Value | Volume |
35.0¢ | 35.5¢ | 35.0¢ | $23.22K | 66.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 12307 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.340 |
1 | 7200 | 0.335 |
1 | 15000 | 0.330 |
1 | 24732 | 0.325 |
2 | 9950 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 12307 | 1 |
0.360 | 26770 | 2 |
0.365 | 50487 | 4 |
0.400 | 10000 | 1 |
0.420 | 30000 | 1 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
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