Our research is starting to bear fruit.
October is still a couple of months away, however with Chinese and Indian interest thrown in the mix, public declarations and market interest. I am hoping to see the MAK price supported for the next swing up.
Over in Canada, we have already witness MAK go up 28% from $0.50 to $0.64 close to their 52 week high (note on small volume).
I retain my strong buy position to accumulate on primary support levels varying between $0.35 to $0.45 if MAK do drift backwards in the wait for the JV, MOU. However, recent strength in volumes and media articles in support of a JV is very reassuring. Hopefully we will not see another herd wave selling into primary support levels!! Ouch!!
I would not be surprise to see MAK blast through $1.00 on the news of a JV and funding. In addition, I am in 100% support of management decision to kick out VERTE. Who needs the middle man if you can deal directly with a giant!
All the best to all holders!
o
Note:
April 2011 Morocco Phosphate Rock Price: $182.50/t
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.09M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $22.27K | 3.713M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3384303 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 4678497 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3384303 | 0.006 |
8 | 3260000 | 0.005 |
27 | 16832390 | 0.004 |
13 | 11370003 | 0.003 |
6 | 4860000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 4678497 | 10 |
0.008 | 5663125 | 9 |
0.009 | 2635900 | 6 |
0.010 | 4281252 | 7 |
0.011 | 1000154 | 1 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
0.6¢ | 0.6¢ | 0.6¢ | 250000 | ||
Last updated 10.45am 31/05/2024 ? |
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