MEU
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0.00% 4.7¢ marmota limited

its a bargian

  1. marksman
    1,079 Posts.
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    06/02/08
    12:29
    Post #: 3325094
    Floated late last year at 25c currently trading around 8c! Quaterly reveals cash in bank over $14M. Pro-forma balance sheet in prospectus shows liabilities of just $400k. Based on 120m shares thats about 12c cash per share.
    Now let me get this straight. I fork out $1 (at 8c) for MEU shares and get back a piece of their bank account worth almost $1.40. Thats around $1.40 CASH for every dollar I punt.
    Drilling starts late first quarter which is a mere 6 weeks or so away.
    I'm in!
    MEU Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
4.7¢ 		Change
0.000(0.00%) 		Mkt cap ! $51.06M
Open High Low Value Volume
4.7¢ 4.7¢ 4.7¢ $2.759K 58.70K

Buyers (Bids)

No. Vol. Price($)
5 152252 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 810706 4
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MEU (ASX) Chart
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