We still have not seen how the market reacts to good news from this stock. With news flow coming in the next few weeks we will soon know if MKL is burnt for a while or is being watched closely, but please do not judge them in a low liquidity market with no news and one selfish fund dumping stock at a profit while everyone else is at a loss. As per my previous post, they are on track to hit $8m revenue this FY and over $14m next FY with a good chance of being profitable. The Peter Rabbit game contract they have with Sony will be particularly lucrative. Also, as far as I am aware Alium has stopped selling.
MIGHTY KINGDOM LIMITED MKL IPO Analysis, page-23
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Mkt cap ! $12.48M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $500 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 8216321 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8960451 | 4 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 50000 | ||
| Last updated 12.45pm 21/05/2024 ? | |||||
| MKL (ASX) Chart |