While I respect your opinion fortnite and enjoy hearing different people's views, I actually tend to disagree completely that the share price will be torn to shreds.
By predicting this to go potentially under 2c, is saying that it's market cap will be under $50m. Now while this may have been a more appropriate market cap a few months back, the simple fact that we are sitting on not only a huge resource but a gigantic resource, that has received a huge amount of support in terms of interviews from Mark, backing of CSIRO and SA government, trending upwards iron ore prices with macro economics in our favour for years to come, and pending PFS/next ore results where the management team have quoted they are "excited" to share with us.
I just don't see it. in fact I believe a market cap of over $100m is much more appropriate.
But, each to their own, that's just my perspective and like you I will absolutely be topping up if this gets anywhere near 2c... interested to keep our eye on it and see how it trends. Not saying ur wrong and I'm right, that's just my perspective!
Enjoy the wkd all
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.60M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 17.0¢ | $33.25K | 195.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 91389 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 141000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 91389 | 0.165 |
4 | 110000 | 0.160 |
2 | 15000 | 0.150 |
1 | 10000 | 0.145 |
1 | 20000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 141000 | 2 |
0.180 | 120852 | 4 |
0.185 | 51679 | 3 |
0.195 | 8310 | 3 |
0.200 | 104706 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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MGT (ASX) Chart |