MLS 13.8% 2.5¢ metals australia ltd

Since the run to 1.7 it's never been able to hold 1c and .4/.5...

  1. 464 Posts.
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    Since the run to 1.7 it's never been able to hold 1c and .4/.5 is where she will sit until the market is satisfied all the boxes have been ticked. Anyone who has watched this stock for more than 5 mins knows this is typical trading for mls. I know Amiga has been here since that monumental run too. It can be frustrating, but don't expect more value than the market is willing to give. For buyers of the oa's, do they feel confident they will be able to successfully convert in 2 years time, ie SP of absolute minimum 1.1c? Not yet. This stock has comparatively large SOI, so will take very solid defined resource and grades, no nonsense anns to get it moving. It cannot hold anything above .5c til then. We need to see it grind up and hold each pip, like a massive freight train getting moving, and also, when it does get going, it could be hard to stop As for bi-polar "top 20" posters strutting around with so called hand grenades apparently buying 10's of millions of shares to try to artificially stimulate the SP or whatever the hell, god, give me a break..this is what the ignore button was made for. Not sure if punters have made a lot of easy money on bitcoin or whatever and think the spec market works the same, just throw money around all over the place and up it goes..well it doesn't. Let's see how she performs in the NFY.
 
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Last
2.5¢
Change
-0.004(13.8%)
Mkt cap ! $18.18M
Open High Low Value Volume
2.7¢ 2.9¢ 2.5¢ $30.27K 1.144M

Buyers (Bids)

No. Vol. Price($)
3 559999 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 180000 1
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
MLS (ASX) Chart
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