Way back in Sept 2016 when the ASX reshuffle occurred, MNS average 6 month (120 day) volume average peaked at a little over 1.8million shares traded per day. That was as good as it got in MNS history.
Fast forward to today and MNS average 6 month volume has dropped to around 780K. The last 20 trading days this has been declining faster, at average 500K daily turnover.
So yes, this a big change in volume and liquidity coupled with the share price which has more than halved since Sept 2016 I think it will be impactful on MNS ASX300 status.
Here it is for all to see. Everything we need to know is right in front of us:
Way back in Sept 2016 when the ASX reshuffle occurred, MNS...
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| MNS (ASX) Chart |
Day chart unavailable