At what price point did you enter?

First 2 Last

Share
Profile

Follow
Bucket82

280 Posts.

27

21/01/20

01:24

Post #: 42483620
Share

Originally posted by NL57: ↑

Yesterdays ASX trading did contrast against MRQ fundamentals.
Management has always been meticulous in informing the market
Yes Xmas did get in the way, but Santa was busy gifting others.
IMO tge integrity of MRQ management remains unassailed.
Yesterdays results were on target.
Batch 3&4 will further underline this.
I am yet to hear from the Nay Sayers where they believe true market SP should rest at present.
all to their own perception of value,
i certainly am not building into my valuation what may be value in 5 years.
The USA 2020 election results will determine that.

In the meantime does MRQ deliver potential... YES
does MRQ have enormous potential under foot.... YES
does MRQ fail to deliver on estimated yields..... NO
does MRQ have specified target areas to maximise mining results....not as yet
do share releases recognise the value of the acquisition.... no, but those shares to be issued anon will be held until real market value is reached.
does the location cause concern.... maybe, later in mine life, far out from todays Npv, a country government that is very supportive of development ( yes lets contrast against an OZ outback competitor who has no neighbours and no govt support.

i could extend this to be a multi page essay but am off to cook tea.

Good luck to all holders today, and sorry to those that sell

Expand

At what price point did you enter?

MRQ Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

STX

Strike Energy secures $153 million for Perth Basin gas projects

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

There are more pages in this discussion • 181 more messages in this thread...

First 2 Last

Add MRQ (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.001(33.3%)		Mkt cap ! $10.1M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$320.9K	80.19M

Buyers (Bids)

No.	Vol.	Price($)
46	104191144	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	6530683	7

View Market Depth

No.	Vol.	Price($)
45	103881866	0.003
40	98872469	0.002
52	116300278	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	6530683	7
0.005	27566543	19
0.006	22336275	20
0.007	11059085	9
0.008	19480740	7

Last trade - 16.10pm 24/06/2024 (20 minute delay)

MRQ (ASX) Chart

At what price point did you enter?

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Strike Energy secures $153 million for Perth Basin gas projects

Cultural heritage agreement puts Walford Creek exploration back on the map

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

At what price point did you enter?

Top Stories

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Strike Energy secures $153 million for Perth Basin gas projects

Cultural heritage agreement puts Walford Creek exploration back on the map

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News