M4M 11.4% 3.9¢ macro metals limited

SachzLet me try and dispell your dissapointmentCan I ask you a...

  1. 559 Posts.
    lightbulb Created with Sketch. 8
    Sachz

    Let me try and dispell your dissapointment

    Can I ask you a few questions.

    Do you think burston is the right man too steer the ship

    Do you think the resource will be improved to at least 2 billion tonnes

    When you bought EIO or BRT was burston on board

    Why is KFE still sitting at 10 cents.

    I can only share my thoughts as to why the SP isn't moving

    There really isn't enough stock on the register so the stock isn't really that liquid.

    It's also really not a iron ore bull market. It's not any market at the moment. However for those who believe in the fundamentals this can be viewed as an opportunity to top up.

    However I believe there will be a cap raising this in turn will allow for the stock to be liquid.

    As for SP gain. You may not like what I'm going to say but I'm try to be a realist. The SP will only go up when rumours or murmurs of a pending sale will go through. Even if they double the resource I don't even think that will do much to the SP.

    I have seen it with african iron and also cfe. The latter as a shareholder.

    I honestly believe you will get a payday but it may be a while yet.

    Let's be honest a term deposit is a entirely different investment instrument

    I am no guru or professional I'm just another mug punter like you sharing my thoughts.


    Regards

    NB
 
watchlist Created with Sketch. Add M4M (ASX) to my watchlist
(20min delay)
Last
3.9¢
Change
0.004(11.4%)
Mkt cap ! $140.3M
Open High Low Value Volume
3.7¢ 4.0¢ 3.6¢ $642.5K 16.73M

Buyers (Bids)

No. Vol. Price($)
3 828203 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 614580 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
M4M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.