As W3Hunter said, there was no fundamental re rate, despite the results and posters reactions to those results.
If the results we good the SP would not be at 07. The market has spoken
So what are the drivers for the SP to increase going forward?
And with an cap raise around the corner MRQ are in a real bind. Unless they can do a small pump before announcing a CR the raise is probably going to be below 07
I think I read another poster was selling heads to buy OB's to reduce risk! Someone needs to explain how that works!
The OB's are extremely high risk now
MRQ - chart thread !, page-380
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.55M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $6.1K | 1.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 60461079 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 8849336 | 9 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |