Existing holders know the technology works, I think the ponds are irrelevant to a rerating.
2 things need to happen to bring in fresh buying:
(1) markets stabilise, that in itself will see a big turnaround as the market has gone very risk averse, though MHM has proved very resilient
(2) selection of the first US site. Then a roadshow to follow will get real traction and interest a US audience.
the Australian operations underpin some value but not all of it, to see fresh share price highs will require very good news in the USA.
last accumulation phase, page-2
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Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $116.4M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.0¢ | $82.57K | 291.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20047 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 35924 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| VYS (ASX) Chart |