MMX 0.00% 4.7¢ murchison metals ltd

Thanks we found the p/b to be 4.8 yesterday. The coy has 127...

  1. 11 Posts.
    Thanks we found the p/b to be 4.8 yesterday. The coy has 127 million in assets and only about 11.5 million in liabilities. Coy says its shares are worth 56 cents so as you say overbought but again as you say that is general. I have set a conditional rising buy order. I have set it above yesterdays close and will move it down each day. At the moment it seems there is a large volume selling and there must be a large volume being bought. I assume the buyers think it will not fall further is that it? Looks like I will not be buying my first position today!
 
watchlist Created with Sketch. Add MMX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.