I do think MLS in undervalued. I'm not trying to downramp here. According to investsmart.com MLS have 2339 million shares on offer. KDR have 399 million shares on offer with a market cap of 741 million. There SP at the moment is currently sittin at $1.695. If MLS were to have a maker cap the same as KDR right now, they would have a SP of around 0.31 cents. All I'm saying is that you should probably compare the MC and not the SP price. I think MLS are going to do great things and I have a bid waiting in line at the moment.
MLS :Multiple Targets for "Micro" Cent., page-2227
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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 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| MLS (ASX) Chart |